What are all of the disadvantages to buying a condo? I want to buy one instead of a house?
I can get a relatively new condo for a cheap price. If I get a house for the price that I am paying for a condo, it might be very old and will probably be a fixer upper. I can deal with the advantages of buying a condo, but what are some disadvantages that I should know about?
Submitted by: Entertainment
Submitted by: Entertainment
What are the best renovations to make in a small condo?
I bought a small condo conversion last year in a very desirable neighborhood. I intend to live in it for a while, but I would also like to spruce it up while I am here and possibly add some value. I know in houses it’s a good idea to invest in the kitchen and bathroom, but does that hold true for small condos? What are the best types of renovations to make? The condo is pretty basic right now - carpeting, simple fixtures, very basic kitchen with an old laminate countertop. I would prefer to renovate wisely.
Submitted by: Joie
Submitted by: Joie
How do I find out the mortgage company of a condo in foreclosure?
I live in a three unit condo. The second unit is vacant (the owners moved out 2 years ago) and the unit is in foreclosure. We (the condo association) needs to contact unit 2’s mortgage company for back payment of unpaid condo fees. How do I find out their mortgage company?
Submitted by: Amie A
Submitted by: Amie A
Do condo fees include maintanence for your apt?
Like if the plumbing for your home is not working or the electricity is out, it it the condo’s responsibility to fix it? I am planning to buy a condo and rent it out and was wondering if it I would need to hire an on call maintenance guy to help me fix things. Do you think the condo’s maintenance will suffice?
Submitted by: thanks4thefish
Submitted by: thanks4thefish
What is the status of the condo market? Does it mirror that for single-family homes?
I’ve heard that condo prices fluctuate less than traditional real property values. I’m going to be looking for property in the near future, and was wondering–are condo prices experiencing the same drop that housing prices are? If not, does it make more sense to buy a house now because the values are comparatively better? Obviously, there are a lot of other factors I know I need to consider, but in general terms, how is the condo market now and does it generally follow the same trends as regular houses?
Submitted by: fleepflawp
Submitted by: fleepflawp
What will the declining real estate market do to the condo conversion business?
I’m considering joining a condo conversion firm in California, but am worried about the timing and how the business might fare given recent weakening in the housing market. Intuitively I’d think if real estate prices are dropping, fewer people will be converting into condos, so it might not be a good move for me. The guy who’s trying to hire me is saying that the condo conversion biz is market independent and is a generally strengthening trend. Does anyone out there with experience in real estate want to weigh in here? Please list your credentials as well, and i’ll give lots of points to the best, etc. Thanks.
This is in the northern california market…
Submitted by: tatpigoe
This is in the northern california market…
Submitted by: tatpigoe
How do one determine if Condo assessments are too high?
I believe that my condo assessment cost are too high. I don’t know how to determine this without comparing the costs of other condo owners. Its easy enough to fix numbers in the budget to validate them, but how can one really tell if the costs are ligitimate?
Submitted by: Changed
Submitted by: Changed
What is the best short term loan for refinancing our condo?
Our condo in FL has been for sale for 2 years! Not planning for this…We need to pay off some bills to lower monthly payments. What is the best way to go to refinance? We want low closing and of course no pre-payment penalty. ARM? Fixed? Not sure where to start? Our credit union wanst about 5k for fees and closing!!
Submitted by: hipchickheather
Submitted by: hipchickheather
What can I do when my condo builder drops the prices of all the condos around me by $50k?
Pulte Homes lowered the price of their condos $50k. I bought mine pre-construction and now I’m stuck upsidedown on the condo. They have stated to me that no refunds or reimbursements will be given and I will have to wait on the market to come back. Too bad, so sad they tell me. Does anyone have any suggestions.
Submitted by: lookeeehere
Submitted by: lookeeehere
When considering purchasing a condo, does the brand of appliance make a difference to you?
My bosses are working on a condo conversion and are chosing their appliances for the kitchen. I don’t know enough about kitchen applicances to give them a good answer, but thought that someone on Yahoo Answer might.
Would it matter to you if you were buying a pretty pricey condo (4 bedroom townhouse) if the appliances were Frigidaire as opposed to GE?
Submitted by: Jocelyn L
What are the most important things for buying a condo insurance? What are things that need to be included?
What if something happens to the condo due to the fire caused by something inside the apartment? Who will cover that? Condo insurance or association master insurance?
Submitted by: is4176
Submitted by: is4176
Can a condo or apartment dweller take advantage of any solar devices for home energy useage?
I live in a condo and would love to hear your thoughts about this. Being interested in cutting my power bill and using green energy is great, but how can I take advantage of that living in a condo?
I should add that I have a good sized porch I could take advantage of.
Submitted by: ANTHONY M
I should add that I have a good sized porch I could take advantage of.
Submitted by: ANTHONY M
is it possible to hide my puppy in a no pets condo?
I just got an 8 week old shih tzu puppy, but my dad just signed a lease for us to move into a new condo (that the owner is renting out to us) that allows no pets. I love my puppy and want to keep him. Do you think its possible since shih tzu’s seldom bark and other neighbors have animals. The only reason the owner of this one wants no pets because she thinks it’ll make the house dirty/smelly. The owner doesn’t live in this building and i think i am going to train him to pee on puppy pads and only once a day take walks (the condo is huge). What do you think?
Submitted by: MYSTERY!!
Submitted by: MYSTERY!!
Should I sell some investments to make payments easier for a new mortgage?
I am about to purchase a condo from someone in my family. They are selling it to me for 78% of the appraised value so that I do not have to pay mortgage insurance. So, even if I sold it the day after I bought it, I could potentially make about 50,000. I am certain that my boyfriend and I will be able to make the mortgage payments on the house, but it will be tight. I have some money in investments, I was planning on not using any of the money until retirement, but should I use some of the investment money to go towards the home purchase so I don’t have to pay so much in the loan? Or should I just take out a certain amount, say $1,000 to have in a quick cushion account, in case I need to use 1 or $200 to help pay for mortgage? Over the past 12 years I have been getting a 12% return on my investments, which is GREAT. I’m not sure I will get anything close to this by putting the money into this house, except for the fact that I am getting the place for 78% of the apprised value. Thoughts?
Submitted by: smiles6428
Submitted by: smiles6428
I bought a condo in 2006 for family/friends to stay in while in town. How can I deduct this from my taxes?
I already have a house (that I live in) that I’ve been deducting mortage interest for the past five years. I’ve been told that I can deduct the condo mortgage interest on my taxes for a second home. I don’t know if milage is a factor in qualifing for a second home — the condo is only 3 miles from my house. My family/friends do not pay me rent when they stay in the condo. Having the condo has worked out very nice over the past six months because we get away from each other for 8-12hr/day when they are in town, but would even be better if I can fully deduct the mortgage interest from my taxes. Any suggestions on how to handle this situation on my taxes?
Submitted by: chandler163
Submitted by: chandler163
What is the difference between buying coop and condo?
Hi there , I’m looking to buy an apartment in Queens, NY. Majority of the places I like are coops. I’ve been getting a strong advise not to buy a coop, but I’d like to know if there is a difference between coop and condo. I think condos in Queens are seriously overpriced and cost as much as houses. Why would there be such a difference in prices? Why the demand on condos is so much higher? Is there any legal restrictions in buying and selling coop? What is a difference in holding a title to condo versus owning a coop apartment?
Submitted by: dmitry k
Submitted by: dmitry k
I am planning to furnish a 2bdrm condo to rent out as a vacation condo. What is a reasonable cost?
I recived a quote for just over $25,000 is that a bit extreme? All the appliances are bought with the condo, just need everything else.
Submitted by: Tyler
Submitted by: Tyler
Is it wise to buy a condo townhouse? Single mom looking to take advantage of the market?
Not sure what to do. Currently a renter, good credit, 5% down payment within my buying range available. Thinking of taking advantage of market and purchase a condo townhouse (little maintenance). How much do condo fees increase yearly? Is resale difficult in a condo town house?
Submitted by: b
Submitted by: b
How much time do you get with a timeshare vacation condo?
A neighbor owns a vacation timeshare condo in TX. They have spent about 5 months off and on at this place this year. The rules say they get one week per year. When I asked about that she says they have bonus time but won’t go into details. Is it really possible to get that much time? How does that work? Thanks!
Submitted by: badminton007
Submitted by: badminton007
What is the typical cost of condo insurance in florida?
I’m trying to understand what homeowners insurance woul cost in florida for a 2 bedroom condo. I’m not ready to call an insurance company. I’m looking in Ft.Myers. Just want to know is it thousands of dollars and out of my range or a few hundrend per year. Say for a 75k condo.
Submitted by: Dean N
Submitted by: Dean N
Wood floor on the second level condo is driving me crazy?
Does anyone know about condo laws. I have such a headache with my second level neighbor. The developer installed wood floors on the second level above me and sold to my neighbor. All the walking is driving me crazy and I complaint to the HOA they say I can’t do anything since the developer installed it themselves. Now the upstairs hates me complaining I’m sure and the noise has gotten worst. I don’t know if I have any rights to do any about this or that I’m just stuck with it. what should i do…
Submitted by: john doe
Submitted by: john doe
How do I lower the power of my condo’s air conditioning?
My small 624 sq ft 1bdrm condo has a very powerful air conditioning. Since it’s such a small space, when the a/c comes on the condo gets cold very fast. The cold air blows all over me and it is bothering. However when the A/C is off it gets hot. Is there any way to lower the intensity of an air conditioning unit? In addition, the A/C is pretty loud.
Submitted by: Stevie
Submitted by: Stevie
Is it totally worthed to give your condo for rental for 1 or 2 years?
I mean, how much you have to pay tax for it and how much of it you can deduct for tax (like condo fee, property tax,…)
And what happens when you sell the condo after? You have to pay extra tax again since you made money out of it?
Submitted by: Mike P
And what happens when you sell the condo after? You have to pay extra tax again since you made money out of it?
Submitted by: Mike P
Increase the rent for a good tenant?
The lease will expire soon. My tenant has been faithful in paying rent for 2 years. He wants to extend the lease for 6 months, then I will try to sell the condo. My expenses have increased. Should I keep rent the same or raise by 5%?
Submitted by: Gary G
Submitted by: Gary G
What to look for when looking at a condo with the Realtor?
I am about to purchase a condo to rent out in an apartment complex. There are many condos for sale in this building. I am planning to hold onto this property for anywhere between 2 5 years and then probably sell it. All the properties are around the same price and size, what should i look for when surveying the property with the realtor that will help me decide which property is better then the rest?
Submitted by: Defeasance Doctor
Submitted by: Defeasance Doctor
How much is the average apartment and or condo cost in downtown Chicago?
I want to know all costs to live in downtown Chicago, which one on average is cheaper an aparment or condo? And how much on average would be the electrical bills, water, etc. Basically, how much would I need to make a year to live there? Thanks!!
Submitted by: Brittney
Submitted by: Brittney
What are the pros and cons of building a townhouse vs. condo?
I am looking to build a townhouses to rent but I am wondering what is the difference between a condo and townhouse. I have been in both. Condos are bigger.
Submitted by: jlong2325
Submitted by: jlong2325
How do I split my condo from the association?
My husband and I are purchasing a Boston condo in a 4 unit trust. Ours is completely detached; and antique single family farmhouse that was incorporated into the condo association for some reason. It shares a driveway but otherwise I don’t see any obstacles in splitting from the association. We would like to be able to sell it as a single family when the time comes. Does anyone know how to do this, where to start, what the costs are? Thank you!
Submitted by: becks10783
Submitted by: becks10783
Price-wise, is it better to buy (and live) in a mobile home community or buy a condo? How much are condo’s?
Want to move from a big home after 40 years, to more manageable housing, either nice mobile home community or condo. Any suggestions here?. I’m totally confused don’t want to jump into anything without some knowledge on this topic. Some friends tell me they love living in a nice mobile home community. But what are the miscell. expenses vs. a condo?
Submitted by: michael_sds000
Submitted by: michael_sds000
How to select the best location in a pre-construction condo?
I am planning to go to second release event for a pre-construction condo community where I will have the opportunity to reserve a unit. What are the criterias to look for? Which are the most desirable elements? Which direction should the unit face to avoid summer heat?
Here are some specs on the units I am debating about. One has pool view, end corner unit facing East and South, but it shares a wall with the stairway. The second unit (same floor plan for $2500 less) is also an end unit but will be facing the building to be constructed in phase II. This unit faces West and South. It is also next to the stairway but not sharing a wall with the stairway. Any advice?
Submitted by: jon n
What is the difference between condo appartment and condo co-op?
I often saw these two names on real estate adds,Condo Appartment and Condo Co-Op.
I really don’t know wich differentiates one from the other,and what is the better choice when looking to buy an appartment?
Submitted by: albisorii
I really don’t know wich differentiates one from the other,and what is the better choice when looking to buy an appartment?
Submitted by: albisorii
What do you do if your condo president is not doing their job? Who do I turn to for help above her?
She will not answer emails or faxes or phone calls the company that owns the condo has changed hands so many times they don’t know what their doing. Who is the higher power above the condo president the people that own the property?
Serious replies only please.
Submitted by: itsjustchris1968
How do I get rid of strong odors from our condo?
We just bought a new condo, but we haven’t being able to move in because there is a terrible odor (cigarette and other strong odors) . We hired a professional carpet cleaning expert but the odor is still there. Any additional sugestions? He also used ozone treatment. Do I have to change the carpet? It seems to be in good condition.
Submitted by: name
Submitted by: name
How do I decorate my condo on a small budget?
I am getting ready to purchase a 3 bedroom condo and I don’t have much money left to do deccorating. How can I make my home look fabulous on a small budget?
Submitted by: josie775
Submitted by: josie775
How can I get my condo downpayment back and get out of the purchase agreement?
I bought a new construction condo 10 months ago, I put 5% down on the place, the place is most likely worth less now then when I bought it - how can I get out and get my deposit back?
Submitted by: DDrew
Submitted by: DDrew
What is the Economic impact of a 5 Star Condo Hotel in a major city?
I need to research on how to measure or what would be the economic impact of a 5 Star Condo Hotel development in a city like Fort Lauderdale in Florida, or any other city… I need any kind of study that demonstrates the positive of such a development…. How does it benefit the city and the community? Is there something out there?
Submitted by: TheMorbidMe
Submitted by: TheMorbidMe
What is the best way to advertise and rent my furnished condo?
I have a furnished condo in Scottsdale Arizona that is listed with a realtor on MLS but very little if any other marketing of the property is taking place. I am new to being a landlord and am looking for advice regarding how to go about marketing this property myself becasue I dont feel the realtor is doing enough to get the condo occupied by either a short term or long term renter.
Submitted by: J Rizzle
Submitted by: J Rizzle
What is the best way to decorate a small condo?
I have a 700 square food condo that I need to decorate. What are some good tips and recomendations?
Submitted by: Big E
Submitted by: Big E
What is the best insurance coverage for the second home condo use for seasoanl rental?
The condo has flood insurance, but I was told to purchase the coveage, I guess liability inside my unit. What is the inexpensive and reasonable coverage?
Submitted by: imkateri
Submitted by: imkateri
Can a condo unit owner in arrears on fees run for trustee?
Our condo association needs to elect a new trustee at our annual meeting. One of the unit owner wants to run, but he is 3 months in arrears on his condo fees. There’s nothing in the condo docs about who can run. (This is in Massachusetts) Is he eligible?
Submitted by: PennyLeeD2
Submitted by: PennyLeeD2
I’m having problems getting a response from the tax dept of my mortgage company regarding their escrow error?
They made a mistake and I’m paying for it! I’ve paid my escrow on time every year, but they made a mistake by incorrectly listing my home/lot in 2003 and my condo was sold for not paying my property taxes. They admitted to the mistake, but still went ahead and are forcing me to pay $6000.00 escrow shortage and haven’t returned one of my calls over 3 months to discuss this issue, what should I do? Thanks!
Submitted by: Dwayne S
Submitted by: Dwayne S
Why seek tenants for a home that is being placed on the market?
I don’t know much about realestate, but would someone who is planning to sell a home or condo, look for new tenants a few months before doing so? Why? It doesn’t seem likely to me, but someone told me it is done often, and I’m curious. Thanks
Submitted by: Mya
Submitted by: Mya
Why are my condo assessments relatively higher?
I made an offer on a condo and found that my condo assessments appear to be a bit higher than other units in my building. I found a couple other units (one is larger with a masonry balcony, the other has the same square footage) that have lower monthly assessments. Only water, master insurance policy, and exterior maintenance is included. What gives?
Submitted by: Madelaine
Submitted by: Madelaine
What is the most effective way to target foreign nationals? I am marketing a successful condo-hotel?
I am marketing a condo-hotel located in Orlando,Fl. 90% of our buyers are foreign nationals. We are a luxury resort with fully furnished condos located by Disney. Phase 1 (432 units) opened almost 2 years ago and I am now on to marketing the 2nd Phase. The market has changed since then and I can no longer rely on realtors to bring buyers. I have several campaigns in progress but I am interested in your ideas. Thanks!
Submitted by: lmd
Submitted by: lmd
Who is legally responsible for drywall settling in the ceiling of my condo?
I live on the third floor of a condo with flex core. The first two floors have concrete ceilings, but since I’m on the third floor, my ceiling has drywall with an attic above. Over the years, the drywall has settled pretty badly, and there are cracks all over the ceiling of the condo. Am I responsible for the ceiling or is the condo association?
Submitted by: shareef777
Submitted by: shareef777
What is the legal difference between a condo and a townhouse?
What is the legal definition of a condo and what are the differences between a ‘townhouse’ and a ‘condo’? And how about a ‘PUD’; I know what it is but how to determine if a property is one?
Submitted by: jody s
Submitted by: jody s
What’s the difference between an Apartment, a Condo, and a Townhouse?
I live in a Condo and they are building Townhouses right across the street so, now I’m interested in what the difference is!! Thanks!!
Submitted by: *Proud Army Wife*
Submitted by: *Proud Army Wife*
Who selects condo management and is it possible to have them replaced?
I have a condo that is about a year old and the management has been nothing but trouble since the building was registered. I asked them how to get in touch with the board of directors and they said that all requests are fielded by the management company and they contact the board on behalf of the tenants. Is this normal?
The management company has a relationship with the builder, so when repairs are needed, they do not act in the best interests of the tenants, but defend the builder.
Obviously they are not telling the board how many complaints they receive. Any suggestions on what to do about this? I am in Ontario.
Submitted by: venus
The management company has a relationship with the builder, so when repairs are needed, they do not act in the best interests of the tenants, but defend the builder.
Obviously they are not telling the board how many complaints they receive. Any suggestions on what to do about this? I am in Ontario.
Submitted by: venus
Does a condo association have to file a tax return?
I live in a 6 unit condo block. We are self-managing and we charge a HOA fee. Do we have to do a tax return for the Condo Assoc income?
If so, what is deductible?
Submitted by: ohmygod
If so, what is deductible?
Submitted by: ohmygod
How much will renting my condo effect my tax return?
I had to move for work and had to rent out my condo (Due to the housing market). I don’t make enough off the rent to cover the mortgage but it helps. I know that this is income that has not been taxed. Will this have a major impact on my tax return?
Submitted by: Melissa M
Submitted by: Melissa M
How do I get my condo FHA approved?
I am selling my condo and I want potential buyers to be able to use an FHA loan if they need to. The condo complex has 8 units and used to be apartments and then was converted into condos. Does anyone know how I would go about getting approved? Thanks!
Submitted by: saintsimon26
Submitted by: saintsimon26
I just bought a cat condo how can I get the old cats scent off it?
I just bought a slightly used cat condo for my kitten. I of course made sure to ask the previous ownwer if her cat was sick in anyway and she said no. SO now I have this huge cat condo and my kitten smells the old cat and is afraid of it. What can I do to clean it and make my kitty love it?
Or is there anything I can do to make my kitty less afraid of it?
Submitted by: Princess K!
Or is there anything I can do to make my kitty less afraid of it?
Submitted by: Princess K!
How do you get a key lockbox removed from my condo?
The property has turned over a few times and a key lockbox for realitors remains outside our complex. I think it has a set of keys for my condo unit in it however it is not the lockbox used to list when I bought the property. I’m not sure of the Realitor used to list with this lockbox.
The lock box is not on my door it is on a rail outside. The box is not definitely for my condo. The association doesn’t handel these things.And there is no maintenece man (small set of condos).
Submitted by: Nicholas C
The lock box is not on my door it is on a rail outside. The box is not definitely for my condo. The association doesn’t handel these things.And there is no maintenece man (small set of condos).
Submitted by: Nicholas C
How much does it cost to fumigate a condo?
I just move in a condo complex and wanna know how much it should cost on average for each unit…
Submitted by: yy_kk
Submitted by: yy_kk
Can you rent a condo? And if so what is the difference between a condo and an apartment?
Earlier I asked what was the difference between a condo and an apartment. People told me that you rent an apartment and own a condo. But when I was in Nashville i saw a FOR RENT sign for a condo. Im just a little confused.
Submitted by: soccerchick
Submitted by: soccerchick
How long should I hold on to a condo before I sell it?
I am about to purchase a condo for $296,781. It is a luxury condo located in a new area of Newport News, VA called City Center. I was thinking about holding on to it for at least 10 years before I consider putting up for sell. Is there a optimum time to put a condo up for sale ? Also, would it be better to just rent it out? I am not sure if many people would rent luxury condos.
Submitted by: Brothaman
Submitted by: Brothaman
What are the good and bad things about getting a condo?
We are thinking about getting a condo by the en dof this month but before we do I would like to know the benefits and the non-benefits of have a condo? What should we be looking forward too, with 2 kids?
Submitted by: Eve
Submitted by: Eve
What is the Condo Development Requirement for FHA Loan approval in Atlanta GA?
I have built a condo complex in Atlanta, GA. It contains 8 units and we have sold 5 units. I need to get my condo complex FHA approved. Can someone explain the process to get my condo complex FHA approved since we have one unit under contract and the FHA loans are very attractive. I have heard of spot checks which is really quick. Please advice and provide recommendation.
Submitted by: teckie
Submitted by: teckie
I live in a condo with electric stove. no way to vent to outside. is there a range hood i can buy?
My condo is very old and there’s no way to vent to the outside since i’m on first floor and the kitchen is in front of condo with no outside access. when i use stove or oven, can’t get smoke or odors out of house. is there a range hood i can buy that would help? ideas? suggestions? Thanks!
Submitted by: Linda R
Submitted by: Linda R
How do you find out the price on a house that just sold(which closed) in your area?
I live in a condominuin community.However I want to find out the prices on the condos which just sold in my complex.How do i do that?
Submitted by: ashwiniak2
Submitted by: ashwiniak2
What exactly is the difference between a condo and apartment?
Okay Im new to the whole renting thing. And I dont really know the difference in a apartment and condo.
What is the difference?
Can you just rent a condo like you do an apartment?
Submitted by: corrick_1
How to fix sloped floors on a top floor condo?
I have a top floor condo that has sloped floors. Is there a way to fix this issue? The floors are all Hardwood. What I want to know is if I were to buy new hardwood and some how build shims under it, could this fix my problem. Otherwise any other suggestions? Also, I don’t know if I can get to the Joists due to the fact that I would be bothering my neighbor below.
Submitted by: E-41.86N-87.68W
Submitted by: E-41.86N-87.68W
How is it that I have the largest condo and the smallest storage area?
I have a condo in Washington state. The condos range from 2 bedroom to 4 bedroom. I have the highest Allocated Interest in Common Elements. I also pay the highest dues as I have the largest condo. That said there are 2 two bedroom units in my building that have 2 parking spaces and two storage units. Is there anything I can do about this or am I stuck because it’s declaired?
Submitted by: Lisa r
Submitted by: Lisa r
If you are going to sell your condo. How important are your condo reserves?
If you are going to buy a condo, will the bank put a stop on the purchase because the condo reserves are low? I only thought your credit, income and affordability mattered.
Submitted by: DCgurl
Submitted by: DCgurl
What is involved in a condo conversion and what are the costs?
If I purchased a 3 family rental building in Jersey City, New Jersey, for example, what would be the steps to converting these to 3 condos and selling them? What sort of professionals would be involved? How long does this take? How much does this cost? What are some of the uncertainties, i.e., circumstances that could prevent me from being allowed to do a condo conversion? Can you point me to a website where I can learn more? Thanks.
Submitted by: braennvin2
Submitted by: braennvin2
How does Blue Mountain Collingwood condo rental progra work?
Hey Guys,
I am wondering if anybody had an idea on how the Blue Mountain (Colingwood, ON) condo rental program works, and whether it is worth investing in one of those condo properties.
Thank you for any ideas or experiences.
Submitted by: Neon
I am wondering if anybody had an idea on how the Blue Mountain (Colingwood, ON) condo rental program works, and whether it is worth investing in one of those condo properties.
Thank you for any ideas or experiences.
Submitted by: Neon
Can I claim the rent I paid for a condo that I had to live in since my condo burned down in 2005?
My condo burned down in February 2005 due to an electrical fire. I have rented a condo from then until November 2007. The first year after it burned the insurance company paid my rent. Since I’ve had to pay the rent for 7 months out of my own pocket, can I claim that on my taxes? If so, where at on my tax form?
Submitted by: shelia91
Submitted by: shelia91
When you buy a condo can you finance the maintainence fees into the mortgage?
I’m looking to buy a condo but the maintainence fees are somewhat high. I’d like to find a way to stretch my money, even if it means adding time to my mortgage.
Submitted by: jeandupree
Submitted by: jeandupree
How are the zoning laws for small towns in ma to turn a 2 family into 2 condos? Is it hard?
I bought a 2 family and want to convert it into 2 condos. I want to sell them after I rehab the house.
Submitted by: JB123
Submitted by: JB123
Should I buy a condo or should I invest the money in the stock market?
I can buy a condo for 187k cash, and my monthly fee going forward between taxes and maint would be $400. Or I can take that same 187k and put it in the stock market and continue renting my apartment for $925 per month. What should I do?
Submitted by: Marc .
Submitted by: Marc .
The electrical outlets in my Condo are horizontal. Is there a simple adaptor to change them to vertical?
The wall outlets in my condo are horizontal. I have several decorative night lights that I use and when plugged into the horizontal outlets, the night lights are sideways.
I don’t want to rewire or call an electrician.
Generally, if you have any insight why the outlets are installed horizontally in Chicago , please let me know. I have lived in various cities and have not encountered this. Thanks
Submitted by: rose
What’s the difference between an apartment and a condo?
What is a condo, exactly?
Submitted by: jesusmylife1
Submitted by: jesusmylife1
What is the value of a 2 br 1 1/2 bath condominium at Rolling hills condominiums in Lafayette, NJ?
My mother is looking to sell her condo in rolling hills in Lafayette nj, and I am trying to see what they are going for inorder to know what to ask for-for hers.
Submitted by: stwylen2
Submitted by: stwylen2
How do I estimate property taxes for a condo in los angeles?
Also wanted to know if there is a difference in the percentage rate between single family home and a condo?
Submitted by: dlegeness
Submitted by: dlegeness
What is the status of the condo market? Does it mirror that for single-family homes?
I’ve heard that condo prices fluctuate less than traditional real property values. I’m going to be looking for property in the near future, and was wondering–are condo prices experiencing the same drop that housing prices are? If not, does it make more sense to buy a house now because the values are comparatively better? Obviously, there are a lot of other factors I know I need to consider, but in general terms, how is the condo market now and does it generally follow the same trends as regular houses?
Submitted by: fleepflawp
Submitted by: fleepflawp