Tag: Condo ownership
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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.…
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From Deed to Deeds: Selling Property to New Owners With a Condominium Conversion
Like ‘em or not, condos are hot. They’re usually available at lower prices than single-unit homes. They’re popular in cities and suburbs alike. And they offer new deed holders a path to build equity and save money. Investors must meet hopeful buyers where they are, and one strategy is to take a property that’s not…
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Can Condo Buyers Freely Work in, Sell, and Rent Their Condos?
A condo for sale? That’s an opportunity for a buyer to acquire a deed, start building equity…and maybe even attain financial freedom. Some first-timer buyers who want a foothold on the ownership ladder jump on a condo listing for precisely that reason. To some, condo deeds represent long-term homes and investments. To others, condos are…
