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Page 2 VourHome Thursday, September 10, 1992 Expert offers 10 tips to buying a condominium Whether you're a first-time buyer or downsizing from a single-family home, experts agree that there are a number of important things to consIder before buymg a condommium. Rex Rosenhaus, condominium developer with Uniland Corp., has outlined "10 Tips to Buying a Condominium." They are: • Be sure the condo lifestyle IS right for you - Condominium living is a way of hfe that is different than the lifestyle of owning a single fam- Ily home. For most people, buying a condominium is a chance to enjoy the financial benefits of home ownership, without a lot of maintenance hassles. The condominium commun- Ity is Just that - a community - where services such as landscaping, sno\\' removal and building upkeep are provided for you. • Set your budget before you look - YOW' budget WIll dictate what, where and how much condo you can buy. Today's low interest rates and flexIble financing wIll enable you to get more home for your money as well as extra optIOns and featw'es Association fees are standard with condominiums. "No frills" condominium commumties - those WIthout SWImming pools, fitness facilIties. and club houses - offer the lowest assocIation fees. • PIck the sty Ie of home you want - The two basic condo styles are ranch (one-story units) and townhouses (two-story units). Ranch styles are typically more expansive but offer all-on-one-floor convenience. The town home or two-story style has a lower per-square-foot cost because of the cost savings that the "stacking" layout provides. • Don't let the model fool you - Condominium models are often fully loaded with extra design features and expensive options. The best condominium developers also feature a "bare-bones" model, so that the buyer has an accurate view of how a standard condominium will look. In both cases, the floor plan should provide good traffic flow from room to room. Rooms should be hght and any and have a scale that feels comfortable to you • Evaluate the locatIOn - Consider the convemence that the right location can add to your lIfestyle. Reduced travel time to and from family, work, key shopping areas and favorite recreation spots should be important aspects of your deci- SIOn. • How does the condo umt stack up? - Are the condo units designed to be side-by-slde, back.to-back or stacked one on top of the other? SIde-by-side units are the most desirable because sound transmission is RETIRE 10THE COAST OF NORTH CAROIlNA Where hcttcr to retllc than 'llong- the edge of d Jack 7';lCklau'i 01 Pcte D, c f,urwa,:- \\'hel e \ ou can pla\ temll~ on ,\ \,met, of ~Ulface'i at the Chff Dn ~dale ~pOl t., Center. \\'hcl e \0\1 (an 'ipend an afternoon m Hl,;ton( \\"i1mmgton Whel e you can ';troll Wrlght';\ Ille Beach on .,oft ,;ummcr c\enmg'i It\ a ,;pcClal hfe at Lmdf.lll Hom('~He,; from 565,000 Home,; from $225,000 ------------------------- Call or write for a free brochure 1-800-227-8208 ~ '\,lnW Phonc (Hl______ ..,' \drlrc~~ Ph()n(' (\\ ) _ (J1\ 'lt.ltC_71p ~ruffaa- Lanrlf.lIl.\W)(1.l1C~. IHO) bm ..ood Rd \\ llmmgt-o-n-.,\-(-,-2R-4-(1)- ~, ~J A Weyerhaeuser/Frank H. Kenan Partnership DEl Oblaln !he PlOperty Repon 'eQw,ed by lade,allaw and ,ead rt belore "'9n,,'9 anyll1 ng No lederal agency has Judged the rnerTls or value If any 01 rh~s property This advertlsemenl shaU not be deemed an oHenng n any slale where prohlb led by law 88116 138/1 NJREC ThiS P'OJ9C1ISreg stered w'!ll the New Jersey Real ESlale CommlsslOO ReglStrahoi') does not coosTr1u1ean endcrs.emenl of the mems or value of the Pforect ObtaIn and read lhe New Jersey publIC offenng statement blllo'e S19nlnganyll1'ng easier to control and these units are typically designed with pnvate entry ways. Back-to-back and stacked flats have more common walls. The best common walls are constructed as two walls separated by an air space and sound-absorbmg materials. • Consider options and features carefully - Items such as two-car attached garages, first floor laundry rooms, fireplaces, extra storage space, floor treatments and air conditioning can add greatly to the enjoyment of your home. They can also add to the cost. Budget-sensitive buyers should look for condominiums that allow you to pick and choose the options that you want. • Take a careful look outside - The overall appearance of the condo community should give you a feeling of safety, cleanliness and pride of ownershIp. This is achieved through good site planning, landscapmg and professional management of the property. • Find out about the condo association - Condos are generally run by a board of directors elected by the co-owners and assisted by a propelty management company. Look for assocIations run by expenenced, profes- SIOnal management companies. Ask for references and talk to people already living in the commumty. • Check out the developer, not just the construction - The quality, the reputation and experience of the developer is critical, particularly if you are considering buying a condominium at pre-construction prices. Find out who the developer is, how long they have been in business and what other communities they have developed. When in doubt, contact your local Better Business Bureau. For a complementary copy of the «10 Tips for Buying a Condominium," contact Uniland Corp. of Farmington Hills at (313) 855-4343. YOUiHome -~---- III J 0 ~r i I 11 C BUYING' SELLING' GAlU>ENING • IMPROVEMENT Puhlisbed by Anteebo Publishing, Inc. 96 Kercheval, Grosse Pointe Farms,MI 48236 John Minnis - Editor 882-0294 Display Adve~ing 882-3500 Real Estate Resource 882-6900 Our new program allot.vs you to refinance your current mortgage for only $750 00 in closing costs. Limited Time. With rates so low, don't miss this golden opportunity to save! CALL Cheryl Gauss • John Vitelli for details 1-800-640-5765 or 882-6400 Some restrictions may apply. REPUBLIC ~ ~ BANKs. E. fbi. UND£R ..., : _ "Financin, the American Dream One Home at a Time" 18720 MACK AVENUE. GROSSE POINTEFARMS, MI 48236
North Shore Villas in St. Clair Shores G Thursday, September 10, 1992 VourHome D OPENING · Phase III SPECIAL - SAVE 50% Our new Phase of 12 homes are under construction. Save 50% on our Deluxe Options. Youcan add the Deluxe features to your new home at 112price if you act now beforethey are finished. Piku Management Co. is offering twobedroom "ranch villas", off of Masonic, just one block from Jefferson and the St. Clair Shores Memorial Park. The community consists of 40 North Shore Villas homes 20 are sold and oceupied. Three homes are available right now. North Shore Villas is what city planners call a .planned cluster residential community."The development is comprised of 10 ranch-style buildings with four homes each. Twelve new homes are under construction now for Fall occupancy. Some have been sold. Eight homes are available with one car garages, one home is available with a two car garage. As a special offering on the next four one car garages homes sold, you can save 50% off the Deluxe Options. Hurry now to take advantage ofthis Grand Opening Special!! Piku Management Co. bought the 5-112 acres from the neighboring St. Clair Shores Community Education site which is now used for Adult Education Classes. Piku Management Co. under strict city planners' supervision, developed the ranch-style cluster-home community. The homes are within walking distance of the lake, area shopping and the St. Clair Shores public golf course. The homes are designed to blend with the neighborhood. They fit in so well many people don't even know they're there - which means home buyers might not even know they exist. Because there is a single entrance located off Masonic into the development, through traffic is eliminated, providing greater security to residents. Buyers can choose one of five floor plans, each with two bedrooms and a full basement. Most homes have a one-car attached garage, but a few have two-car garages. Piku Management Co. is actually building custom homes. The company originally planned to offer only a few plans, but they found customers wanted flexibility. Besides the bedrooms and basement, each home features a dinmg room, living room and kitchen with eating space. Floor plan choices include two baths and a flI'stfloor laundry. Buyers also have Interior fiDlshed choices, such as cabinets, countertops, carpeting, tile and linoleum. The Pikus pamper the buyers. Many are empty-nesters moving out of bigger homes. Even though they're downsizing, they've collected numerous belongings over the years, - which can be stored - in the full basement The extra space in the basement can also be used for an additional bathroom, recreation room, den or laundry. Now is the best time to purchase a new home. A standard one car garage home is $98,900.00, while a Deluxe one car garage home is $102,550.00 which includes a 50% savings on the Deluxe Option Package. And a standard two car home is $109,900. Hurry now to take advantage of this Grand Opening Special!! The development is unique for 81. Clair Shores. Chris Piku, the builder, and this father Frank Piku, a developer for 37 years, run the family business. North Shore Villas is the third condominium project that Piku Management has undertaken on the east side. The company built Lakeview Club town house condos on Jefferson between 11 and 12 Mlle in the shores and the impressive Riverview Club condos on the Clinton River. Piku Management Co. stands behind Its projects. OPEN HOUSE HOURS: Mon. thru Fri. 9 am to 5 pm • Sat. & Sun. 1 pm to 5 pm PLAYVIEW 0 z a: 0 (f) UJ ~ CL a: LU a: UJ Cl < 0 u.. I.L :I: :t: a: SITE UJ -, MASONIC - - • - Page 3 The Pikus are always accessIble to their clients. They can arrive at the site in a matter of moments. That's the advantage of a local, established builder. Condominium living has many advantages in addition to no yard or exterior maintenance and snow shoveling. Condo owner share the option of leaving for extended periods without security or maintenance concerns. The best time to buy is right now, while interest rates are low. With 20% percent down, a buyer can move into the standard one car home which sells for $98,900.00 with payments of $645.00 a month on a 20 year 7.65% mortgage. The Association Fee includes all extenor building and ground maintenance, landscaping, sprinkler system, snow removal, water, sewer and insurance on the entire home for only $85.00 a month. North Shore Villas is between Harper and Jefferson off Masonzc in St. ClaIr Shores. Plku Management Co. can be reached at 293.6760. - - NEW North Shore Owner Goes Fishing at Memorial Park ••• Two retired couples are fmding condominium living at North Shore Villas in St Clair Shores a rewarding experience. John and Doris Tabor looked at condos on and off for several years before they toured North Shore VJ1lasin June, and on their first visit they bought a two-bedroom l one and one half bath condo with attachea single-car garage for about $100,000. "Wewalked in and signed up," says John Tabor. "I guess we looked at enough condos," adds Doris Tabor. When asked what their favorite aspect about North Shore Villas living was, the Tabors answer in unison, 'Thepark!" North Shore VJ1las,located on Masonic west of Jefferson, is just a block from St. Clair Shores' huge Memorial Park on Lake 8t. Clair Shores. John Tabor enjoys fishing there with his grandson, and Doris Tabor says they walk there almost everyday. In fact, John Tabor takes his 9-year-old grandson fishing at the park whenever possible. On their visit, his grandson had even the veterans envious. He has a strategy: Fish where the bubbles are, he told grandPa - a strategy that produced fish. John Tabor says, "He said, 'Grandpa, I think you picked the right move'... But at the time, the Tabors were not ready to move. They had just put in a new central air conditioning system in their Harper Woods horne of 36 years. 'We didn't intend to move,. says Doris Tabor. After sigmng a purchase agreement at North Shore Villas, the Tabors deCIdedthey had better put their house on the market. They went through the North Shore VJ1las broker, and the day after they listed, they held a garage sale. They sold the house that day - the fIrst day it was on the market. For the Tabors, their North Shore Villas condo is the first new home they've ever owned. "We've never had a new home," John Tabor says. "I didn't want to move way out," Doris Tabor adds. But what is the features in the condo she likes the best?: the fireplace. "I never had a fireplace," she says. "1 always wanted one." John Tabor likes the huge, full basement - plenty of room for his hobby, molding Middle Ages knights in armor. He also likes the fact that there is no upkeep demands. "I used to do all the work in Harper Woods,"he says. "NowI don't do anything." Besides fIshing, however, he aoes find enough to do. He recently put water sealant on his front porch - the nicest looking porch in the development. The Tabors have also made a lot of friends at North Shore VJ1las.After working in men's clothing at Hudson's at Eastland for 26 years, John Tabor is always running into people who say, "I know you, you're the Hudson's man." All in all, Doris Tabor sums up her North Shore VIllas experIence qUIte succinctly, "We'requite comfortable here." For Ted and Stella Neumann, condo livmg ISnot only a new experience, but It 1S also theIr first adventure m suburban lIfe. Now retired, they lived in DetrOit all theIr lives. They sold a large home at EIght Mile and Gratiot when they decided the condo lIfestyle at North Shore VJ1laswas for them. "We'vebeen married for 54 years," says Stella Neumann. "He was born in DetrOIt. He worked for the city. He had his second heart attack. Here, he doesn't have to do anything but bowland play pinochle." "When they said 1wouldn't have to do anything, no snow shoveling, no pass mowing, 1 said that's what I wanted, says Ted Neumann. Beside maintenance-fee living, what the Neumanns lIke the best about their North Shore Villas two-bedroom, one and one half baths, single-ear garage condo for a low $100,000 is that it's convenient. CEverything is convenient," Ted Neumann says, referring to the park and grocery shoppmg, an within walking distance, and the nearby MacombMall. cShopping is easy,. says Stella Nuemann, adQing, "It's quite close to the lake." She also likes the newness of condo livmg. "Welike it all," she says. "It's bright. We feel like beinJ in a hotel in Las Vegas. It's airy and mce. She says her daughter who now lives m the gamblmg capItal, regularly VISItsand approves oftheir deciSIOn. Ted Neumann bowls on three leagues, but the 79-year-old's only complamt about the Shores is the lack of appropriate competitIOn.But he's lookmg for worthwhl1e competItion nearby. Most leagues are for young men, which are, obVIously,out of his league. "I can beat those guys all the time," he chides the youngsters. Once a 180 bowler, the twice heart-attack survivor boasts a 165 average. The Neumanns are extremely happy that the move to the suburbs and condo living didn't mean abandoning their family - namely, Mooky, a Pekinese poodle mix. Yes,pets are allowed at North Shore Villas. Why not? It's your home. Stella Neumann also looks forward to improving herself. Smce North Shore Villas is immediately next door to the St. ClaIr Shores Adult Education Center, she's lookingforward to taking classes. But the best part about North Shore Villas condo living, the Neumanns say, its that they can relax. "We're satisfied," Stella Neumann says. "We like it. We sit on the porch. We've both been retired for 17 years, but we never felt relaxed until we moved here." Ted Neumann adds, "Now we can relax. There was always tension before." North Shore Villas, developed by Piku Management, can be reached by calling 293- 6760. j , A
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Page 7 and 8: Where are dogs' belly- buttons? Imp
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