Buying a townhouse: Pros, cons, and financing

Townhouses have distinctive features that attract home buyers seeking efficient living arrangements. If you’re considering buying a townhome, the process is similar to what you’d expect when buying a single-family home. However, there are a few unique factors to consider before making a purchase. What is a townhouse? A townhouse is a housing unit with two or more stories. It's typically tall and narrow, and it usually shares at least one exterior wall with one or two similar homes next door. Townhouse ...