cost of a condo

Condominium Fee – Investopedia – A condominium feed is a maintenance fee charged by a condominium association to cover the cost of repairs, landscaping or amenities such as a gym or pool.

a lender may view a large down payment from a borrower to be a mortgage interest rate reduction Fannie Mae now allowing lenders to contribute to borrower. – Fannie Mae announced this week that it will now allow lenders to contribute to borrowers’ closing costs, as long as the money is a gift and is not used towards a borrower’s down payment.

Very VERY CHEAP condo in Bangkok, Thailand How much does a condo cost – answers.com – It depends on the geography where the condominium community exists. Some condominiums can be bought for less than $250,000, and some condominiums cost more than $10,000,000.

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How Much Money Do You Need to Buy a Condo? – Condos in downtown Los Angeles, for example, have a median price of $620,000. This means half of all condos are less than $620,000 and half cost more. Condos in the Cleveland, Ohio, area have an average price of $168,544. To get a sense of how much condos are in your desired area, browse real estate listings.

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Should I buy a condo? – If the property needs extensive work (like a new roof) or if the cost of regular upkeep spikes, the HOA has the right to raise your fee. Some condo bylaws and even some state laws limit those annual.

how does a reverse mortgage work aarp How Reverse Mortgages Work – HowStuffWorks – Both reverse mortgages and home equity loans are tied to the equity, or cash value, in a home. Unlike a reverse mortgage, a home equity loan usually requires a homeowner to have an adequate income level to qualify. Additionally, you must make monthly mortgage payments to repay a home equity loan.

HO-6 Insurance: Understanding Condo Insurance – “Your condo might only be worth $50,000, but to repair it might cost much more than that.” Say you have a leak that destroys your wood floor. Wood flooring throughout a condo can cost a lot.

Renting a Condo vs Apartment – Rent.com Blog – A condo, on the other hand, is owned by the tenant and is typically managed under the Homeowners Association (HOA) for that respective condo community. Both apartments and condos are shared properties, meaning they are buildings that contain individual living units .

Condo – Official Site – Find condos for sale, condos for rent & in foreclosure at Condo.com. Our Condominium Professionals are ready to help you buy, sell or finance a condo today. toggle navigation Toggle search. Buy . For Sale Luxury Condos Foreclosures Deals.

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Fast And free condo insurance Quotes Online | GEICO – Get a fast and free condo insurance quote online. I want to get a quote. My ZIP Code is. Or continue previous quote.. Use our personal property calculator to add up the cost of your belongings: furniture, clothing, electronics, jewelry, etc.

Average Cost of Condo Insurance | Pocketsense – Condo insurance premiums are driven by the amount of contents coverage you buy. If you have a lot of belongings with high value, your insurance cost will be significantly higher than someone with fewer items.

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