What is the difference between a condo and a townhome in Lake Havasu City?

A condo typically means you own the interior of your unit and share ownership of the common areas. A townhome often includes ownership of the structure and sometimes the small lot under it. Both can be part of an association with shared amenities and monthly dues. The exact definition depends on how the community was set up legally.

What do HOA fees usually cover in Lake Havasu condo and townhome communities?

HOA fees can cover exterior maintenance, roof, common area landscaping, pool or spa, management, insurance on common areas and sometimes water, trash or basic cable. Each community is different, so reviewing the budget and CC and Rs is an important step before you buy.

Are there rental restrictions for condos and townhomes in Lake Havasu?

Some communities allow short term or vacation rentals, others require longer leases, and some do not allow rentals at all. If you plan to rent your unit, we will check the CC and Rs and verify current rules with the association or management company.

Can I finance a condo or townhome the same way as a single family home?

Many condos and townhomes can be financed with conventional, FHA or VA loans, but the project and association must meet lender guidelines. A local lender who works with Havasu condos regularly can quickly tell you which properties are eligible and what loan types fit best.

What should I review before buying a condo or townhome?

Plan to review the CC and Rs, bylaws, recent meeting minutes, budget, reserve study if available and any planned special assessments. This helps you understand the financial health of the community and any upcoming projects or rule changes.

Condo and Townhomes - Renew Living With Wendy

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Condo and Townhomes

Condos and townhomes in Lake Havasu City offer easy living, low maintenance, and a convenient lock-and-leave lifestyle. Whether you are a seasonal visitor, full-time resident, or looking for an investment property, this page will help you explore the condo and townhome options across the city.