No matter where you are in your life, buying a home may be in your very near future. National statistics indicate that most people move between five to seven times during their lifetimes, which means you’re likely to move at least once every 5-10 years.

Houses come in different styles that can match your varying needs at any phase in your life. There are condominiums suited for those living alone and for newlyweds. There are also single-family houses that can accommodate large families and even mobile homes for those who may want to move around. When buying a house, it is important to consider what each style of homes offers and if these match up to your needs.

The Condominium: Condos first became popular in the 1970s as more people wanted to live in urban areas without paying the high price of a home. Ilyce Glink, author of ‘100 Questions Every Home Buyer Should Ask’ explains that when you buy a condo, you don’t necessarily own the unit. You’re actually investing in the common elements of the property that you share with the neighbors, and the airspace inside the walls, ceilings and flooring.