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what do you own when you buy a condo

Buying a Condo MISTAKES | 5 Things to Avoid When You Are Purchasing A Condo Pros & Cons of Buying a Condo – Is It Worth It? – Downsides of Buying a Condo.. Be sure to know what you own and what the HOA owns. Typically, an HOA will define a standard unit as anything contained within the interior walls of the unit, including appliances. When you open the door to your condo, that’s your private space, so you’ll be.

Before buying a condo, consider these things – msn.com – Buying a condo can be a good idea for many reasons, whether you want to own property for yourself or you just want to make an investment. However, there are condos out there that are not good.

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Pros and Cons Between Condo, Co-op and Condop | StreetEasy – You own it and you can generally do what you want with your property. However, it is wise for you to review the condo declarations and house rules for a condo you might buy since the fine print could reveal some interesting findings.

Condo vs Townhouse – Difference and Comparison | Diffen – About A condo is a housing structure that is a part of a bigger unit or building. A townhouse is a style of housing where a row of independent and identical houses share walls. Ownership You own only the interiors of the condo. The owner has exclusive use of a given area, typically a unit. Buildings.

fha vs conventional loans FHA vs. Conventional Loan: The Pros and Cons | The Truth. – Another benefit of going with a conventional loan vs. an FHA loan is the higher loan limit, which can be as high as $726,525 in certain parts of the nation. This can be a real lifesaver for those living in high-cost regions of the country (or even expensive areas in a given metro).

When you purchase a condo/apartment in a building. – Quora – When you buy a condominium you are purchasing everything within the demised walls of the residential unit together with a proportionate share of the "common elements" of the the building or complex, including a proportionate share of the land upon which the condominium is situated.

Buying a Condo: What Property Will You Actually Own? | Nolo – If you are buying (or already own) a condominium unit, you probably know that you won't end up with a parcel of land that's all yours, as you would if you bought .

How Much Money Do You Need to Buy a Condo? – Budgeting Money – How Much Money Do You Need to Buy a Condo? If owning a home appeals to you, but keeping up a lawn doesn’t, condo living might be the way to go. Condos, short for condominiums, are similar to apartments, but rather than renting the space, you own it.

interest rates on investment property loans In today’s low-interest-rate environment, owners of investment properties have probably thought about refinancing. But refinancing an investment property is a little different than refinancing a primary residence, so it’s important that investment property owners understand what they’re up against.

Do you usually own the land if you buy a condo? | Yahoo Answers – If you buy an attached condo, do you usually own the land? It isn’t a place where there are two to three levels of condos stacked, but each condo is 3 stories and share a wall with the neighboring condo.