Ads
related to: buying an apartment vs condo costrealtor.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
Buying a condominium means buying an individual unit in a property with public areas owned and managed by a homeowner's association. Buying an apartment usually means buying a share of ownership ...
— Mark Hamrick, Bankrate Senior Economic Analyst “The transition from renting an apartment to buying a condo can be much less dramatic than going from an apartment to a single-family home ...
For premium support please call: 800-290-4726 more ways to reach us
Houses and the land they sit on are expensive, and the combination of monthly mortgage, insurance, maintenance and repairs, and property tax payments are sometimes greater than monthly rental costs. Buildings may also gain and lose substantial value due to real estate market fluctuations, and selling a property can take a long time, depending ...
Condominium (a.k.a. commonhold and strata title) – Ownership of an apartment or house is assigned to an individual, but common areas (e.g. hallways, heating system, elevators, exterior areas) are controlled by the homeowners' association. Fees are charged to the condo owners for maintenance of the common areas. These are referred to as "condo ...
The costs associated with renting a home vs. owning one depend heavily on where you live and the local housing market. ... in an apartment, if the HVAC system or refrigerator breaks, the landlord ...
Ads
related to: buying an apartment vs condo costrealtor.com has been visited by 100K+ users in the past month