Condos can be a great option for first-time, downsizing or even second-home buyers but when buying a condo it is important you know what you are getting into. We share the differences between a condo versus an apartment and some pros and cons between a condo and a single family home. Condo home owner associations have significant power and can dictate things like whether you can have pets (or even the size or breed of an allowed pet) or how many cars can be parked in your driveway. We share some of the critical things you need to know about condo home owners associations like the cost of association fees and what they cover as well as some common restrictions that can include limited pets, number of vehicles allowed in drive and more.