Figure out your needs
Monthly cost of owning a home
Financing Your Purchase
The FHA Mortgage
The Conventional Mortgage
The Adjustable Rate Mortgage
Department Of Veterans Affairs Mortgage
Pre-Qualified vs Pre-Approval
Phase 2: Looking
Looking at homes
Types of homes
Single Family Homes
Types of sellers
Researching A Home's Public Information
Twin homes are a strange dwelling. It is a 2-unit building, with each owner owning one side of the building and the lot beneath that side. It is kind of like a duplex that was split up to 2 different owners. The units are joined by a “common wall” which runs down the middle of the building. Sometimes this type of home can be beneficial as it is kind of like an association townhouse without the association. But being married to a neighbor that doesn't have the same concern for the property can be a source of conflict.
- I can’t think of any pros of owning a twin home
- When it comes time for maintenance, if the other owner disagrees, you’ll see buildings with a HALF a roof, or siding in 2 different colors, or a half a new driveway.
- Married to a neighbor that you may not like or agree with.
- I recommend staying away from twin homes.