Everything You Need to Know Before Buying a Co-op, Condo, Or Townhouse

Everything You Need to Know Before Buying a Co-op, Condo, Or Townhouse PDF

Author: Ken Roth

Publisher: Amacom Books

Published: 2006

Total Pages: 260

ISBN-13: 9780814429655

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If you've been thinking about buying a co-op, condo, or townhouse, you probably know that you can't get much useful information from the books about buying houses. The obstacles you face are different-and often a lot more complicated. If you're not fully prepared and properly informed, the buying process and even ownership itself could turn into a nightmare. Price and financial situation are only part of the equation, and it's important to understand all the factors before deciding what sort of home to pursue. Everything You Need to Know Before Buying a Co-op, Condo, or Townhouse is a one-stop guide to the particular challenges of buying, owning, living in and ultimately selling these homes.

Tips & Traps When Buying A Condo, Co-op, or Townhouse

Tips & Traps When Buying A Condo, Co-op, or Townhouse PDF

Author: Robert Irwin

Publisher: McGraw Hill Professional

Published: 1999-09-21

Total Pages: 210

ISBN-13: 0071373055

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One third of all homes sold today are condos, co-ops, or townhouses. America's #1 real estate expert shows what to watch for when buying one of them. Home ownership is still the American dream, but not everyone follows tradition by buying a detached one-family house. Condos, co-ops, and townhouses are increasingly popular alternatives nationwide. These "shared ownership" options have unique pluses and minuses, as Bob Irwin reveals in Tips & Traps When Buying a Condo, Co-op, or Townhouse. Like other books in his best-selling "Tips & Traps" series, it's packed with targeted, reader-friendly advice. If you're a prospective buyer, Bob Irwin will show you how to: Decide if shared ownership is right for you Read between the lines of bylaws Deal with homeowners associations Check out the seven warning signs of big trouble Handle disclosures and inspections And much more

Tips and Traps When Buying a Condo, co-op, or Townhouse

Tips and Traps When Buying a Condo, co-op, or Townhouse PDF

Author: Robert Irwin

Publisher: McGraw Hill Professional

Published: 2007-01-08

Total Pages: 225

ISBN-13: 007181616X

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Steer clear of money pits and target the top properties in this hot investment sector! Condos, co-ops, and townhouses account for more than one-third of real estate sales in the United States. Fully updated to address the many changes that have occurred in the market since the first edition, Tips & Traps When Buying a Condo, Co-Op, or Townhouse, Second Edition, covers all the bases to help you navigate the process of buying into a shared-ownership development.

The Complete Guide to Purchasing a Condo, Townhouse, Or Apartment

The Complete Guide to Purchasing a Condo, Townhouse, Or Apartment PDF

Author: Susan Smith Alvis

Publisher: Atlantic Publishing Company

Published: 2007

Total Pages: 290

ISBN-13: 1601380364

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Offers a complete overview of these special, usually smaller, residences. It points out dozens of hints and suggestion as to what to look for as well as demonstrating the many mistakes common with these types of investments. You will learn how to find the best opportunities, to negotiate, finance, budget, handle pre-construction issues, set values, and make the offer. You will be able to define what you are buying (and what you are not) issues on your right to sell, lease, or mortgage. You will be prepared for restrictions pertaining to children, pets, parking, vehicles, boats, music, maintenance of windows, doors, screens, air conditioners, plumbing, club memberships, recreation facility leases, use of recreational facilities, and common areas. In addition, you will learn the advantages of using credit reports, home warranties, insurance, creative financing, closing procedures, moving plans, closing and settlement inspections, and certain legal contracts. You will have instruction in obtaining mortgages -- which government agencies can help, considerations for veterans, IRA use, hiring an attorney, calculating monthly payments, and establishing an escrow account. The real estate and mortgage glossaries alone are invaluable resources, even for the 'old hand' at property acquisition.

The New York Co-op Bible

The New York Co-op Bible PDF

Author: Sylvia Shapiro

Publisher: St. Martin's Griffin

Published: 2013-12-31

Total Pages: 416

ISBN-13: 1466861517

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The New York Co-op Bible, a user-friendly guide to the art of buying and living in a co-op or condo Sylvia Shapiro, a lawyer and board president of a major Manhattan apartment building, has written what will become required reading for anyone buying or selling an apartment, or curious about entering the fray of the co-op and condo market. Shapiro answers all the questions apartment dwellers are afraid of asking the board, broker, lawyer, or accountant-and she does so without talking down or a steep hourly fee. Included are such topics as: Is the building right for you? How can you make the approval process go as smoothly as possible? What should you do if the board rejects you? And what if you get in? Can you keep your dog? How much power does the board really have? Having lived in her New York City apartment building for more than a decade in blissful ignorance of how it was run, Shapiro awoke one morning to discover that her building was going co-op, and she intended to buy. Intent on protecting her investment, she took on the mantle of board president and set about figuring out how the system worked. Seven years and many trials by fire later, Shapiro presents her hard-earned knowledge in this neat little tome. Apartment dwellers will come to swear by it.

Financing Your Condo, Co-Op, or Townhouse

Financing Your Condo, Co-Op, or Townhouse PDF

Author: David REED

Publisher: AMACOM Div American Mgmt Assn

Published: 2009-06-24

Total Pages: 240

ISBN-13: 0814410839

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Finding a condo, co-op, or townhouse to call home is hard enough, but finding financing to buy this kind of property is even more challenging. As a veteran mortgage banker and author of Mortgages 101, David Reed has helped thousands of buyers through this complicated process. Financing Your Condo, Co-op, or Townhouse offers readers invaluable advice, including information on developer financing, specialty loans, government programs and refinance loans, streamlining the approval process, appraisals, closing costs, and more. Readers will discover: • the differences among condos, co-ops, and townhouses • how to find the right type of property for them • the rules governing loans for condos, co-ops and townhouses • how to evaluate which loan type is best and lock in the lowest rate • why the percentage of owner-occupied units is important • what to consider when buying new construction or conversion properties • the financial considerations unique to each type of home Whatever the property, whatever the question...this handy guide to financing has the answers.

The Ultimate Guide to Buying and Selling Coops and Condos in New York City

The Ultimate Guide to Buying and Selling Coops and Condos in New York City PDF

Author: Neil J. Binder

Publisher: Nice Idea Publishing

Published: 2003-01-15

Total Pages: 244

ISBN-13: 9780967924922

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If you are thinking about buying or selling a coop or condo apartment in New York City, this book is a must! Written by Neil Binder, co-founder and co-owner of the Bellmarc Companies, one of the largest residential brokers in New York City, this book details every essential point you need to know.

The Condo and Co-op Handbook

The Condo and Co-op Handbook PDF

Author: Roger Woodson

Publisher: Wiley

Published: 1998-09-25

Total Pages: 292

ISBN-13: 9780028618111

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Now You Can Be An Insider, Too You've decided to buy a condo or co-op. Before you dial a Realtor, use the expert step-by-step guidance in The Condo & Co-op Handbook to make certain you'll get what's right for you. Condos and co-ops are similar in many ways, but this book will help you understand the differences. Learn what tax advantages and financial gains and liabilities you can expect from each, as well as how they will affect your lifestyle. This clearly organized guide gives you instant access to all the information you need to: Know the differences between condos and co-ops. Evaluate potential risks and rewards. Understand how management boards and associations work. Find a space compatible with your values and your means. Choose a broker, lawyer, and other experts. Inspect, evaluate, and rate before you buy. Follow the negotiating, contracting, and financing process. Sell or rent your condo or co-op. visit us online at www.mgr.com

Mortgage Confidential

Mortgage Confidential PDF

Author: David Reed

Publisher: AMACOM/American Management Association

Published: 2010-08-18

Total Pages: 242

ISBN-13: 0814415431

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The ultimate insider's guide to getting the best deal on mortgages... fully updated and revised!