A condominium is another real estate option other than a traditional stand-alone home. Usually condos are purchased with mortgage, but in difficult markets or selling situations they may be rented as apartments. Learn more here about condominium housing.
Buying A Home In Real Estate Market Bubble
When the real estate market is booming and home prices are high, you may be wondering whether it's a good time to buy a home. Are homes including condominiums overpriced in a real estate market bubble? And what can you do to protect yourself when you're buying a home in a real estate market bubble?
Calculating Buyer Closing Costs
Buyer closing costs can rack up in a hurry. Here's a detailed look at all of the closing costs you might have to pay when you buy a home.
We updated this article June 2009, take a look at the updated closing costs for buyers.
Condo Board Charges Entertainment Fee
A condominium homeowners association board hires comedians and singers for the common area and then asks residents to pay extra fees. If the resident doesn't pay, they are not allowed in the common area. Sam and Ilyce talk about reviewing the condominium documents for your homeowners association and the laws in your state.
Noisy Neighbors In Upstairs Condominium
What can you do if you own a condo and your upstairs neighbor suddenly gets more noisy than usual? You cannot prevent a home owner from making use of a condominium in a usual and customary manner. The first thing you should do is to try to find out what changed in the unit upstairs to make the noise worse. You may have options for fixing the carpet or insulation between the units.
Impending Nuptials Require Real Estate Moves
Before getting married, couples should lay their financial cards on the table and set up a framework in which major financial moves are openly discussed throughout the marriage. Real estate is an important thing to discuss before getting married.
Buying A Home With Polybutelyne Plumbing
A late inspection reveals polybutelyne plumbing in a homebuyer's potential home. The seller claims it's not polybutelyne, but the buyer wants to know if he has any recourse based on the findings.