Topic: Condo And Townhouse
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Answers to Common Questions
How to Buy a Condo or Townhouse
People who buy condos and townhouses often have to overcome difficulties that are not faced by people buying other types of homes. Many banks are reluctant to lend against condos and townhouses because of falling home prices in many parts o... Read More »
Source: http://www.ehow.com/how_7555779_buy-condo-townhouse.html?ref=Trac...
What is the difference between a condo and a townhouse?
There is a legal difference in ownership as well. A townhome is usually owned in fee simple. In other words, the owner of a townhome has property rights that extend to the yard around the townhome and the air above it. By contrast, a condom... Read More »
Source: http://wiki.answers.com/Q/What_is_the_difference_between_a_condo_...
How is a townhouse ownership different than a condo?
A condominium is always a form of real estate ownership, regardless of the style of the home. A townhouse is a style of home and can be owned outright, rented or owned as a condominium. In some places, the term 'townhouse' and 'condominium'... Read More »
Source: http://wiki.answers.com/Q/How_is_a_townhouse_ownership_different_...
More Common Questions
Answers to Other Common Questions
A condo is very much like a duplex. It is one house made into two. A townhouse is different because they are just single houses against each other.
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Source: http://wiki.answers.com/Q/What_is_the_difference_between_a_condo_...
A townhome owner purchases his individual unit, as well as the ground underneath the unit.If you own a condo, you do not own the land surrounding your living space. By contrast,a condo owner's property rights only extend to the walls of the...
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Source: http://www.chacha.com/question/what-is-the-difference-between-a-t...
A buyer of a condominium owns his or her individual unit, plus a percentage of the surrounding property, including land and MORE?
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Source: http://www.chacha.com/question/what-is-the-difference-between-con...
A condominium owner owns the unit plus a percentage of the surrounding property. The owner of a townhouse only owns the unit.
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Source: http://www.chacha.com/question/what-is-diff-between-condo-and-tow...
You can find out the amount of taxes on a property at the county Assessors office. Most of them are online these days. Taxes rates vary from state to state. Taxes are based upon the assessed value of your home, which changes each year. It d...
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Source: http://answers.yahoo.com/question/index?qid=20071124215431AAxsmrM
I am a realtor in Virginia, so you may wish to consult with a local agent to verify my accuracy on the subject: All will depend on your particular needs: With a condo, you typically have no yard maintenance to be concerned with, any exterio...
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Source: http://www.trulia.com/voices/Home_Buying/What_if_the_difference_b...
I am often asked, "Whiich is the better buy: a condo or a townhome?". Of course it is really a matter of personal taste and choice, but there are a number of basic considerations to weigh. The Wall Street Journal discussed the pros and con...
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Source: http://www.trulia.com/blog/joekupke/2009/09/what_is_the_better_bu...
