What Is a Condo? A condominium (or condo) is a privately owned individual residential unit situated within a community of other housing units—like a high-rise residential building, condo complex, or neighborhood of townhomes or townhouses. A person often owns a condo in joint sovereignty with...
1. What is a Condo? 2. What is an Apartment? 3. Is a Condo More Expensive Than An Apartment? 4. Pros of Renting a Condo 5. Pros of Renting an Apartment 6. Cons of Renting a Condo 7. Cons of Renting an Apartment 8. Verify Rental Restrictions Before Renting Out Your Condo ...
What is a condominium? A condominium, often shortened to simply “condo,” is a privately owned individual unit within a community of other units. In general, the owner usually owns the interior of their condo and the structural components of exterior walls. Condo owners jointly own shared comm...
What Is a Condo Assessment? An assessment is a fee billed to condo owners for major repairs or enhancements not covered by the regular condo fees. The assessment fee is generally based on the size of the unit. If all units are the same size, each owner will pay an equal assessment amoun...
What is a condo? In spite of commonly attributing condominiums to tall buildings we see in the city, condo pertains to the type of ownership and not to the type of building. Distinction between different types of home usually comes down to the type of ownership. ...
What Is a Condo Loan? A condo mortgage allows you to purchase condominiums. You can use these properties as primary residences, vacation homes, or investments. In addition, condo mortgage lenders may have different requirements for condo financing. Interest rates on condo home loans can be a...
Duplex vs. condo A duplex is often owned by different individuals, each with its own entrance. A condo is a type of housing where homeowners own their individual unit within a larger building or community. Condo owners also share ownership and responsibility for common areas and facilities. ...
is-aresidntial(居住的)building divided into seprate uniots that are owned by different people.What you may not know is that in someU.S. cities, the two have come together into somethingcalled a “condo hotel”. Some condo hotels can now be found in beach and mountain towns and a few ...
Short sales tend to be lengthy and paperwork-intensive transactions, taking up to four months to process. They are not as detrimental to a homeowner’scredit ratingas aforeclosure.2 Discrimination in mortgage lending is illegal.If you think you've been discriminated againstbased on race, religion...
The point is, branding is powerful. And, as a small business owner, you need to know how to brand your business so you can attract, engage, and convert more customers. What is a brand? To put it plainly — a brand is the telling of a business owner’s unique story. The key to ...