Real Estate

Provo UT Twin-homes

This website is brought to you as a courtesy by Denise Martin, Orem’s Nicest Realtor. It will be my pleasure to help you BUY or SELL a Condo or Twin Home. Sorry, we do NOT handle Rentals or HOA Business

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Twin Homes in Provo Utah

Provo Utah Twin Homes

What is the difference between a Condo, Town Home, and Twin Home

Condominium:

Owning a condo means you hold title to the space inside the four walls of a unit located within a condominium complex, but not the land or the building itself. This means that other condo units can be located above and below yours, as well as beside you.

Property Taxes:

Townhome owners pay individually for property taxes on their home and the land it sits on while condo owners pay taxes only for their unit and then their share for property under the entire complex.

Townhouse:

Ownership of a town home consists of not only the unit itself, but the land it sits on. Therefore, no other units can be located above or below yours. As a result, most town homes are two stories and many include a basement and/or garage.

Twinhome:

Owning a twin-home means you own your own lot, building, and roof even though you share a common wall. Unless restricted by a Home Owner’s Association, each owner can landscape as they desire, fence or decorate as they desire, and obtain mortgages on their property.

Homeowners Association:

Both condos and townhomes are part of a homeowner’s association, which collects fees for the expenses of all common areas. This usually includes exterior maintenance, insurance, water, sewer, trash, and reserves for future major repairs.