Depending on where you live, your space requirements and your household needs, purchasing a single family home may not be viable or necessary. Townhomes are great in-between options that include some of the benefits of a house and a condo or an apartment.
You might want a yard, but not the maintenance that comes along with it; in that case, you can find a townhome with a small yard, or one that provides lawn maintenance for an association fee. That being said, being smaller than a single-family home and sharing property with others lowers the cost of the unit, but don't forget about those association fees for snow removal, outside maintenance, trash removal and other services provided. While they come at a cost, these services are highly convenient for busy professionals, older couples and other owners who do not wish to deal with maintenance themselves.
With some of the best service rates in the industry, American Financing can do what it takes to get you into the right home with the right home loan when buying a townhouse.