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  2. How does a condo mortgage work? - AOL

    www.aol.com/finance/does-condo-mortgage...

    Can I use a condo mortgage to purchase a vacation or investment property? The requirements for a vacation home mortgage vary, depending on the type of loan you have and the condo you buy. For ...

  3. Are high prices keeping you from achieving homeownership ...

    www.aol.com/finance/pro-tips-buy-condo-2024...

    Condo mortgages tend to come with a slightly higher interest rate than single-family homes as well. Methodology. The survey on homeownership and the American Dream was conducted by YouGov Plc. All ...

  4. Are condos a good investment? - AOL

    www.aol.com/finance/condos-good-investment...

    Let’s look at a condo priced at $340,000. If you make a 20 percent down payment and obtain a condo mortgage at 7 percent, your monthly mortgage payment would be roughly $1,800 or $21,600 per ...

  5. 6 Ways To Prevent Your Property Value From Plummeting in 2025

    www.aol.com/6-ways-prevent-property-value...

    Avoid Condos in Oversaturated Markets. When you buy a condo, you don’t own the land that your property sits on. Technically, you own a fractional interest in the complex’s common areas, but ...

  6. Condominium - Wikipedia

    en.wikipedia.org/wiki/Condominium

    Condominium is an invented Latin word formed by adding the prefix con-'together' to the word dominium 'dominion, ownership'. Its meaning is, therefore, 'joint dominion' or 'co-ownership'. [3] Condominia (the Latin plural of condominium) originally referred to territories over which two or more sovereign powers shared joint sovereignty. This ...

  7. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

  8. Best mortgage lenders of November 2024 - AOL

    www.aol.com/finance/best-mortgage-lenders...

    Fixed-rate mortgage: A fixed-rate mortgage is a loan that has the same interest rate, and, therefore, the same monthly mortgage payment, the entire loan term. (Though be aware factors such as ...

  9. Condo hotel - Wikipedia

    en.wikipedia.org/wiki/Condo_hotel

    A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. [ 1 ]

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