Tag: condo deed
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Maine’s Top Court Stops Condo Deed Holder From Being Kicked Out
Once upon a time, in 2022 to be precise, the Tidewater Loft Condominiums Association sued Judith L. Moskal-Kanz. They sought to foreclose on her unit and sell it. Moskal-Kanz bought the condo unit in Old Orchard Beach, Maine through a warranty deed in December 2017. It’s a condo complex overlooking the beautiful Maine beachfront.…
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Buying Into an HOA? Check These Deed and Property Research Tips
Common interest communities, also known as homeowner associations or HOAs, can be condominium properties, subdivisions, and planned developments. Some have buildings with multi-unit homes. Some are made up of freestanding houses. Many buyers look to acquire deeds to HOA units, rather than whole properties, because of the relative affordability of condos. Others downsize to condos.…
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Which Is the Better Starter Home: House or Condo?
You’re shopping around for a home of your own, in an area where houses cost close to half a million dollars. Along the way, you’ve found a nice-looking condo complex, with available units from $260K. You could buy a condo now, build home equity, then make a larger down payment on a house later on.…
