Tuesday, January 09, 2007
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Everything You Need to Know Before Buying a Co-op, Condo, or TownhouseAuthor: Ken Roth
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About This Book
If you’ve been thinking about buying a co-op, condo, or townhouse, you may not find much useful information in books geared to buying single family houses. Co-ops and condominium ownership have their own sets of rules and concerns. This guide provides exhaustive coverage on some of the particular challenges of buying, owning, living in and ultimately selling these homes.
The topics covered include finding the right type of home, negotiating and making a sensible, competitive offer, financial and tax considerations, dealing with homeowners’ associations and co-op boards, rules, rights, and responsibilities of ownership, repair responsibilities and renovation isses, maintenance and common charges, and flip taxes, restrictions and other selling issues.
The book covers both new construction and resales, dealing with developers and real estate agents, and deciphering the mountains of paperwork involved in even the simplest transaction, from contract to closing documents. You’ll also learn secrets for increasing the value of your investment and preparing your home for sale—even if you don't intend to sell for a long time.
Ken Roth is a lawyer specializing in real estate issues and has more than 20 years of experience in real estate. He is a licensed Realtor® and residential property manager in Florida, and is the author of The Successful Landlord.
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