This San Francisco Luxury Property Expert
Recommends Buying A One Bedroom Condo
Buying your first property is a big
deal - especially when you're
doing it alone. Budgets are lower
and the stakes are higher, but
now isn't the time to give up!
 Even if you can't buy the home of your
dreams, there are plenty of options out
there to get you on the property ladder
- and you can learn about the pros and
cons of one way with the latest report
from Black Label Real Estate.
Black Label Real Estate's article
comes in addition to the real
estate services on offer, which
include home valuations,
property searches, finance
advice, and more.
The report, written by Timothy Farnham,
begins by asking a question that many buyers
have asked themselves: what happens when
your pre-approved loan amount is only enough
for a one-bedroom property? Farnham doesn't
see this as a bad thing but suggests that it's
better to start building equity.
He outlines how the condo
market in San Francisco is
booming despite the increasing
mortgage rates, and mentions
several promising neighborhoods
it's worth buying in.
Later in the report, the author
adds that the amenities in a
one-bedroom condominium in
San Francisco can vary,
depending on your budget.
At this point, Farnham explains the
pros of buying this type of property,
discussing the freedoms that come
with owning a condo - if only a small
one - but also explains the cons are
also worth considering.
For Black Label Real Estate, the
cons consist of lack of space,
which can be restraining when
you're thinking of expanding your
family, working from home, or
entertaining guests.
Farnham explains that one-
bedroom condos can offer
enclosed spaces when properly
planned out, which is a pro when
renting the property out, or when
you come to sell your condo.
The report also discusses the
speed at which such
properties sell, mentioning
particularly popular areas and
areas to avoid.
Go to http://blacklabel-
realestate.com to find
out more.