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2. Are high prices keeping you from homeownership? Consider a condo

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

   The median price for an existing condo or co-op was $359,800 as of November ... Pros and cons of buying a condo. ... Pros. Lower price: Condos usually have much lower entry price points than ...

3. Is a condo or co-op right for you? - AOL

   www.aol.com/news/condo-co-op-004340375.html

   The supply of condominiums and co-ops has outpaced the supply of single-family homes for the past year.

4. Homeowners insurance vs. co-op insurance vs. condo ... - AOL

   www.aol.com/finance/homeowners-insurance-vs-co...

   Homeowners insurance vs. condo insurance. Buying a condo is more similar to buying a home than a co-op. When you buy a condo, you own the unit and likely need condo insurance to insure it properly ...

5. Housing cooperative - Wikipedia

   en.wikipedia.org/wiki/Housing_cooperative

   The purchase price of a comparable unit in the co-op is typically much lower, however. With limited equity, the co-op has rules regarding pricing of shares when sold. The idea behind limited equity is to maintain affordable housing. A sub-set of the limited equity model is the no-equity model, which looks very much like renting, with a very low ...

6. Common-interest development - Wikipedia

   en.wikipedia.org/wiki/Common-interest_development

   According to the Community Associations Institute, between 22 and 24 percent of the entire U.S. population in 2017 lived in community associations. The two leading states with CIDs are California, where around 9,327,000 people lived in a CID, and Florida, where about 9,753,000 lived in a Community Interest Development.

7. Condo vs. Apartment: Which Should You Buy? - AOL

   www.aol.com/condo-vs-apartment-buy-111913665.html

   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 ...

8. Condop - Wikipedia

   en.wikipedia.org/wiki/Condop

   A condop, a portmanteau of the words condominium and cooperative (or "co-op"), is a co-op inside a condo. [3] Stepping back, condominium owners actually hold title to a piece of real estate. Co-op owners are actually shareholder-tenants with shares in and a long-term lease from the co-op corporation. In all co-ops, a corporation owns the building.

9. The 4 Pros and 4 Cons of Buying a Condo Instead of a House - AOL

   www.aol.com/finance/4-pros-4-cons-buying...

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