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An Introduction to Buying a Condominium – Investopedia – If you’re considering buying a condo, read on to learn a little more about this type of property and what ownership entails.. Before buying your condo, you should request and read the.
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9 Things to Know About Homeowners Associations – Buying a condominium, townhouse, or single-family home within “a planned development” pretty much spares you much of the responsibility for the upkeep of your home and its surroundings. It.
5 Things for Condo Buyers to Learn Before Buying a Property – The association’s master policy. Before you can insure your unit and belongings with a condo policy (known as an HO6), you need to know what the association’s master policy for the building provides. The bylaws will tell you and your insurance agent whether it covers everything (an "all-in" policy) or everything except the interior of your unit.
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What to Know About Buying a Condo – SmartAsset.com – What to Know About Buying a Condo. In addition to a condo’s rules, you should also be aware of the condo association’s budget. That way you can know what kind of money you’ll need to contribute, as well as where the money is going. It helps to look at the budget to make sure that they’re putting enough money towards thing like building repairs.
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