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Full Description
A comprehensive, one-stop guide to the challenges of buying, owning, living in and ultimately selling these homes.
If you've been thinking about buying a co-op, condo, or townhouse, you probably know that you can't get much useful information from the books about buying houses. The obstacles you face are different-and often a lot more complicated. Price and financial situation are only part of the equation, and it's important to understand all the factors before deciding what sort of home to pursue.
In Everything You Need to Know Before Buying a Co-op, Condo, or Townhouse, you'll find complete and indispensable information on:
finding the right type of home for you
negotiating and making a sensible and strong offer
the financial and tax considerations unique to each type of home
dealing with homeowners' associations and co-op boards
rules, rights, and responsibilities of ownership
repair responsibilities and renovation issues
maintenance and common charges
flip taxes, restrictions, and other selling issues
There's valuable information about buying both new construction and resales, dealing with developers and real estate agents, and deciphering the mountains of paperwork involved in even the simplest transaction, from contract to closing documents. You'll also learn secrets for increasing the value of your investment and preparing your home for sale-even if that day is a long way down the road.
There's more than one kind of dream home, and each kind has its own unique issues. Everything You Need to Know Before Buying a Co-op, Condo, or Townhouse will help you make sure your dream comes true!
Contents
"Introduction
Chapter 1 What's in a Name?
Chapter 2 Preparing for the Search
Chapter 3 Comparing Properties
Chapter 4 Buying Directly from a Developer
Chapter 5 Buying a Resale
Chapter 6 Welcome to the Association: Dealing with the Board of Directors
Chapter 7 Understanding the Paperwork
Chapter 8 Financing Your Purchase
Chapter 9 Living in Your Condominium, Co-op, or Townhouse
Chapter 10 Selling the Property
Appendix Test Your Knowledge
Index
About the Author"
