How to buy a condominium by Patricia Brooks

Cover of: How to buy a condominium | Patricia Brooks

Published by G. K. Hall in Boston .

Written in English

Read online

Subjects:

  • Condominiums -- Purchasing,
  • Large type books

Edition Notes

Book details

StatementPatricia Brooks and Lester Brooks.
ContributionsBrooks, Lester, joint author.
Classifications
LC ClassificationsHD7287.67.U5 B76 1977
The Physical Object
Pagination332 p. ;
Number of Pages332
ID Numbers
Open LibraryOL4534796M
ISBN 100816164614
LC Control Number77000533
OCLC/WorldCa2798481

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Books Advanced Search New Releases Best Sellers & More Children's Books Textbooks Textbook Rentals Best Books of the Month of 35 results for Books: "buying a condo for dummies" Home Buying Kit FD 6E (For Dummies). "This is the ultimate how to guide for condo and community association real estate buyers.

`Condo Buying & Ownership Made Simple' is an easy to read book with great check lists and information that assists from the decision process to gaining every advantage as an owner/5(14). Fully updated to address the many changes that have occurred in the market since the first edition, Tips & Traps When Buying a Condo, Co-Op, or Townhouse, Second Edition, covers all the bases to help you navigate the process of buying into a shared-ownership development.4/5(11).

How to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest/5(17).

Another thing to think about when learning how to buy a condo for the first time is the importance of the HOA resale certificate. This term refers to a set of legal documents that covers the legal description of the actual unit you are considering buying, along with details about the shares in the condo association or co-op that go with the.

More ThanCopies Sold. The Condominium Bluebook represents the 32nd Edition of the Condominium Bluebook series. Homeowners have relied on this resource book and buy a new copy every year to stay current. The Bluebook is Concise, Easy to Read, and Easy to Use.

This handy reference is meant to be taken to every member and board. To buy a condo, first research locations to figure out where you want to live. When you’ve decided on an area, look at condo listings, and go to open houses for properties you’re interested in.

Consider hiring a realtor, who can help you identify condos 85%(13). It’s not just the sales contract that you have to think about when you’re buying a condo.

There is also an agreement, or declaration, that dictates the way the condominium operates and is governed. Before buying your condo, you should request and read the documents that apply to the management of the complex.

books, records, and contracts concerning the administration and operation How to buy a condominium book the condominium project must be available for examination by any of the co-owners at convenient times. An association with annual revenues more than $20, shall have its books, records, and financial statements independently audited or reviewed.

Condominium appeared on a booklist of influential Florida themed books, so I decided to give it a read. Perhaps I should have thought twice about reading a page book about Florida condo dwellers in the lead up to a giant hurricane.

This was not an uplifting book/5. The purchase you are considering is referred to in the trade as a "resale condominium." To my knowledge, every state has legislation dealing with buying a condominium -- whether new from a developer or from a current owner.

When you purchase a condominium unit from the developer, you will be given a large book, called a Public Offering Statement. The Condo Book and millions of other books are available for Amazon Kindle.

Learn more. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required/5(10).

How to Buy a Condo in | The Step-by-Step Process to Purchasing a Condominium In this video, real estate agent and Realtor Matt Leighton talks about the entire process of buying a condo. When a foreigner sells his condo apartment and he wants to buy a new one he can use the proceeds from the sale to buy a new condo apartment in Thailand, however he must again comply with the condominium act section Buying a condo, which is short for condominium, is not the same as buying a single-family home.

There are different considerations that need to be taken into account prior to purchasing. In many real estate markets, purchasing a condo can come at a much lower price. Condo living isn’t for everyone. That's why it's important to do a good bit of soul searching before you buy.

Being honest with yourself about the type of person you are and whether you’d fit into condo life can save a lot of heartache in the long run. Buying a condo can be a good investment for some and a bad one for others.

So how do you determine if it's a good idea for yourself. By doing some calculations and answering some questions.

First, you must accurately estimate the annual rent you may receive, as well as the expenses you'll incur.

Expenses can include real estate taxes, insurance. In many ways buying a condominium unit is like buying a house, with brand-new and resale options.

But purchasing a condo does differ in several key ways. When you buy a condominium unit, you: buy a share of the property's common elements. are responsible for a portion of the common expenses.

have the right to examine the corporation's records. There are significant distinctions between buying a new condominium and a previously owned, or resale, unit.

This section highlights what you need to look for, whichever route you choose. It will also tell you how buying a condominium differs from purchasing a “fee simple” home and help you determine what you can afford and which experts to. Each condo complex will have their own rules and restrictions.

You should be well aware of those before you buy a condo and find you can’t live with their rules. What to Know About Buying a Condo. In addition to a condo’s rules, you should also be aware of the condo association’s budget. Buying a Home: The Missing Manual, by Nancy Conner Start with some brass tacks.

This book is a step-by-step guide that covers all the nuts-and-bolts aspects of buying a home, from choosing the house you want to assembling a real estate team ideal for your needs, figuring out mortgages and financing options, and dealing with inspections and other due : Jeff Somers.

A condominium is a single real estate unit in a multi-unit development in which a person has both separate ownership of a unit and an undivided interest in the common elements of the building.

Before You Buy A Co-op Or Condo | PDF; How to Handle Problems With A Condominium. Rule No Never rush into buying a condo unit It's human nature to buy on impulse. Very often people fall in love with a good-looking car and buy.

Renting a beach house involves costs above and beyond the mortgage, utility, and cable. For one thing, your tax bill is likely to be hefty, given the high value of many beach houses. And if your Author: Greg Depersio. Here's how to buy a condo, how it's different from buying a house, and a few insider tips to pave the way toward condominium ownership without a hitch.

Into this void comes a new book called The Condo Bible For Canadians: Everything You Must Know Before and After Buying a Condo. (Read an excerpt from the book. 20 best destinations to buy a beach house or condo.

More best places to buy a vacation rental. The site's research looked at a number of Author: Ben Abramson. Pro: It's cheaper than buying a comparable house. The cost of a condo versus a house depends on the size of the home, the property values of the neighborhood and the cost of.

So if you're looking into buying a condo, make sure to study up on the condominium association rules (called covenants, conditions, and restrictions, or. All money for the purchase of a condo must be sent to Thailand from a foreign country in the original currency.

Without proof of this, a foreigner cannot register the condo in their name. Only 49% of rooms in a development can be owned by foreigners. The building needs to be governed by the condominium act. Condos are more valuable because they have fewer subletting restrictions, and unlike for co-ops, there is virtually no risk that a condo building will reject your application to buy an apartment.

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If the condo complex is older, or a conversion from a previous rental apartment building, it is more likely to experience problems in the future. Pay attention to how utilities are billed. Book- How to buy a condo in NYC. 49 likes 1 talking about this. How to buy a condo in NYC is an informational primer written by attorney, Philip J.

LavenderFollowers: Buying Condos in Makati. Makati is located Southeast of Manila and famously known for being the financial hub. Here, you’ll find the tallest skyscrapers, many multinational companies, shopping malls, restaurants, colonial era-churches, and museums.

Thus, it’s not surprising that Makati is one of the most popular districts to buy condos. Buying a Condo MISTAKES | 5 Things to Avoid When You Are Purchasing A Condo - Duration: Matt Leightonviews.

Calculating Numbers on. I realized early in the process that downsizing from my big-ass house and moving to a condo wasn’t going to be easy. Although it was the right decision at the time, I was overwhelmed by the jaw-clenching enormity of the job.

So I did the only sensible thing – I dug down deep, cried myself to sleep and jumped in with both feet. Now here I am, six years later and I’ve learned a lot along Author: Pat Skene. Buying a Condo MISTAKES | 5 Things to Avoid When You Are Purchasing A Condo - Duration: Matt Leightonviews.

Condo Vs Coop Part 1 - Duration: The considerations to bear in mind when you are buying a condo off plan: You would need legal advice as to buying in pre construction projects. There is also the cost of transfer or tax for your condominium. Thailand property taxes. Use the property transfer calculator to check your fees payable.

The condominiums that Marty Liss built stand on Fiddler Key in the Gulf and seem to offer the dream retirement oasis, but life at the Golden Sands could be a lot dreamier. In fact, the place stinks of fear: the monthly fee is growing, the adjoining scenic jungle has been razed to make way for another Liss condo, the lazy super/stud can't be fired, and Gus Garver in 1-C—a reluctantly ex Author: John D.

Macdonald. The legal aspects of owning a Condominium in Mexico or what to expect when you buy a condominium in Mexico The cottage on a tiny individual lot or the mansion built on a grand expanse of land. This type of home ownership has been the dream of many in the Western world where land has been plentiful and where the family lived in ONE home and did not have other properties for.

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