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In real estate, a condominium conversion or condo conversion is the process of entitling an income property or other lands currently held under one title to convert from sole ownership of the entire property (which often already is a multi unit property) into individually sold units as condominiums. Such entitlement is generally derived from ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
For all of Oahu the median sale price for previously owned condos in 2015 was $360, 000—meaning half sold for more than that and half for less. This year through August the figure is $508, 000.
As he commiserated with others in HOA communities around the state, Hinds said he found people in the “HOA World” fell into one of three categories: the “learners” who for whatever reason ...
I am the HOA president of a 7-story, 35-unit condo in the McCully area. From 2021 to 2024, we are facing a 225 % cost in insurance premiums ($35, 000 to $114, 000 ), with a deductible that ...
Karen Shipman and her husband bought a second-story condo overlooking the Gulf of Mexico in Venice, Florida when they retired in 2021, with the hopes it would be their last home.
In March 2007, the United States' subprime mortgage industry collapsed due to higher-than-expected home foreclosure rates, with more than 25 subprime lenders declaring bankruptcy, announcing significant losses, or putting themselves up for sale. [63]