If you're newly retired and considering relocating to an area which you have always wanted to live, you're probably wondering if you're better off with a single family home or a condo. Although everyone has specific needs and preferences, condos are often the better choice for retirees for a variety of reasons -- following are just five of the many advantages of buying a condo instead of a single family home after you retire.
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When you rent a home, you often have to put down a specific amount of money as the security deposit. The security deposit is an amount of money that the landlord will use to make any repairs that need to be done to the home after you leave.
It is important to realize that there are things you need to do before agreeing to rent the property in order to be sure you do not end up paying for damage that you did not cause to the rental home.
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