Cover image for Condos, co-ops, & townhomes : a complete guide to finding, buying, maintaining, and enjoying your new home
Title:
Condos, co-ops, & townhomes : a complete guide to finding, buying, maintaining, and enjoying your new home
Author:
Weiss, Mark B.
Personal Author:
Publication Information:
Chicago : Dearborn Trade Pub., [2003]

©2003
Physical Description:
x, 224 pages ; 23 cm
Language:
English
ISBN:
9780793178407
Format :
Book

Available:*

Library
Call Number
Material Type
Home Location
Status
Central Library HD1379 .W357 2003 Adult Non-Fiction Non-Fiction Area
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Summary

Summary

Affordability. Location. Amenities. Convencience. Low maintenance. Community. These are just some of the reasons why property buyers across all regions and all demographic categories are making the markets sizzle for townhouses, condominiums and co-operatives. broker and developer Mark B. Weiss brings his insider's depth of experience to mentor potential buyers. Sharing the knowledge and experience gained in more than 15 years dealing with every type of real estate, Weiss presents comprehensive how-to information and brings it to life with true stories from his files. pros and cons of purchasing new construction versus pre-owned property. He outlines what to consider in detail for every step - from starting to look to financing to eventually selling - and provides sample forms that illustrate the process. Throughout, he provides the answers to such common questions as: What are the differences between condos, co-ops and townhomes?; How do assessments affect affordability?; Can the unit be rented as an investment?; What is a homeowners association and why is it important?; and Who insures the common areas? first home, a retirement home or urban luxury, without the hassles of community, are turning to association-managed communities. Condos, Co-ops and Townhouses aims to provide the comprehensive road map needed to avoid pitfalls and make life-enhancing choices for this popular type of home.


Author Notes

A pillar in residential, commercial, and industrial real estate throughout the Midwest since 1988, Mark B. Weiss is a broker, developer, builder, landlord, investor, auctioneer, teacher, and author


Table of Contents

Prefacep. vii
Acknowledgmentsp. ix
Part 1 First Steps
1. Why a Condominium, Co-op, or Townhome?p. 3
2. New or Preowned Property?p. 19
3. New or Preowned Property? Part Twop. 33
Part 2 The Options in Detail
4. Condominiumsp. 49
5. Co-Ops: Buying into a Corporationp. 63
6. Townhomes: The Middle Groundp. 69
Part 3 Making the Buy
7. Financingp. 77
8. Finding the Right Locationp. 99
9. I've Found What I Like--Now What?p. 111
10. Pros and Cons of New Constructionp. 125
11. How to Deal With Presold, Unbuilt new Constructionp. 135
Part 4 Beyond the Move-In
12. I've Closed--Now What?p. 141
13. Assessments and Special Assessmentsp. 149
14. Selling Your Townhome, Condo, Or Co-Op: When Is It Time to Sell?p. 159
15. Converting Your Unit to an Investment Propertyp. 169
Appendixesp. 183
Notesp. 217
Indexp. 219
About the Authorp. 223

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