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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 ...
Condo owners should be mindful of additional costs, such as HOA fees and special assessments. The lower price tag comes with downsides as well, including strict rules and regulations and increased ...
Finding any kind of home for less than $100,000 is not easy these days, and that includes apartments that are typically less expensive than single-family homes. Buying an apartment at all is a...
Property investment calculator is a term used to define an application that provides fundamental financial analysis underpinning the purchase, ownership, management, rental and/or sale of real estate for profit. Property investment calculators are typically driven by mathematical finance models and converted into source code. Key concepts that ...
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 ...
A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, depreciation etc.).
The costs associated with renting a home vs. owning one depend heavily on where you live and the local housing market. Bankrate’s rent vs. buy calculator can help you break down many of these ...
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