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.
Water Damage Caused By Condo Neighbor
A new neighbor above these condominium owners is causing water damage to the unit below them and refuses to file and insurance claim. The only solution may be to sue the neighbor for expenses reimbursed. Generally, the responsibility for repairs caused by a neighbor to another unit should be borne by the neighbor.
Easement May Solve Title Problem
When a property line is incorrectly recorded it results in title problems, which can delay or prevent a home sale. To resolve this kind of title problem, you have to correct the documents filed with the homeowners association and possibly create an easement so that the property line becomes acceptable. It may also be worthwhile to ask the developer to modify the documents that describe the property line.
Noisy Condominium Neighbors
Condominiums - What can you do if a neighbor violates condominium rules and regulations and your condo association won't do anything about it? You can try talking to your neighbor to see if you can resolve it. If that doesn't work, you may have to consider moving. If the neighbor's actions don't violate the law, there's nothing that can be done.
Re-Record Documents to Correct Encroachment Discrepancy
Most condominium documents contain provisions to allow for and permit encroachments of one property onto another without creating a major exception to the owners' titles to their homes. This homeowner's condominium association never requested a survey and neither she nor her neighbor are able to sell their property. The neighbor may be able to grant the homeowner an easement over the portion of the land under question.
Seller Disclosure Does Not Necessarily Include Piano Music
If you're selling your condominium and you have a neighbor who plays piano, you don't necessarily have to tell your real estate agent. That said, as part of seller disclosure, if you're directly asked about a musical neighbor, you need to talk about it.
Down Payment And Mortgage Assistance For First Time Home Buyers
A listing of first-time home buyer programs around the country that offer low-cost mortgages and down payment matching funds. You can call these phone numbers or check out these websites to find out what these cities offer as low cost mortgages or down payment help to first-time home buyers.
Links To Homeowner Association Web Sites
Links to Homeowner Association Web Sites
Choosing The Best Rental Tenant
When you have an investment property you're trying to rent, choosing the best tenant can be a difficult decision. You want someone who will keep it in good condition, pay the rent on time, and possibly stay long term. Having a tenant that stays long term will save you the cost of finding another tenant later.
Before You List Your Home, Check Out The Competition
Why do you want to find out about the other homes on the market? It's important to develop a mental inventory of what's been sold, and what is currently available for sale so you have a good idea of the market value. You're looking to see what condition the homes are in, what amenities they have, and how much the owners are asking, then compare it to your own to estimate a market value.
Sell Your Home: Tips For Selling In A Buyers Market
Ilyce shares tips on selling your home in a buyers market. Sellers should take another look at their homes, from a buyers point of view to see if there's anything they should change. Homeowners trying to sell their homes should also check with buyers agents and real estate brokers to see if they can tell you why your home isn't selling.