Townhomes are different then condos in a couple of ways. First it will be easy to get a loan on a townhome. Why?... Well Banks look at the Dallas townhomes much like they look at a single family home. The reason for this is when you buy a Townhomes you buy the land along with the structure. Condos you do not.

This leads us into the main difference for condos and townhomes. Condos you just own the four walls. They are usually highrises or apartments that have been turned in to condos. While townhomes you get the land. One of way of easily telling the difference is townhomes usually have a personal garage. This is not 100% of the time a give away for a townhome, but is true about 80% of the the time.

Now back to the loans. It is harder to get a loan for a condo because any structure can be destroyed while land can not be. So... there is more risk involved for a bank lending money for condos. Some other reasons that make condos loans tougher are they are for the most part going to be very similar floor plans. Every unit that is ends with lets say 07 in a highrise will have the same floor plan so they are not unique. Banks are not big fans. With all this said condos are not a bad purchase to look at some of the condos in the Dallas uptown area click this link:

www.DallasUptownCondos.net

Take a look at all of the Dallas UptownTownhomes for Sale and Lease in Uptown