The Condo Bible for Americans: Everything You Must Know Before and After Buying a Condo
Autor Dan S. Barnabicen Limba Engleză Paperback – 31 mai 2013
-KIMBERLY WINSON-GEIDEMAN, Ph.D., prolific author on real estate and Professor of Finance, Insurance, Real Estate, and Law at the University of North Texas
"A timely, admirable book. Barnabic recognizes the paradox inherent in the idea of shared private property. He provides would-be buyers with a checklist of things to look for when assessing the financial stability and long-term viability of a particular condominium corporation."
-BENJAMIN GIANNI, Associate Professor, Azrieli School of Architecture and Urbanism, Carleton University
The Condo Bible for Americans is a buyer beware and owner beware book that reveals the legal and practical realities of condo ownership, compares owning a condo with owning a house/renting an apartment, and advises consumers on the dangers of the condo real estate market, given ...
- The debilitating market crashes of the late 1990s and 2006
- The effects of today's record low interest rates, in which:
- Developers are enticing consumers into condo ownership by allowing low or even no down payments
- Real estate prices are soaring out of the reach of those with average incomes
- The market is being flooded with condo units, creating an oversupply that could prove disastrous
- One defaulting unit owner can affect the well being of all unit owners
- A high percentage of units being rented out may be a sign that the complex may be converted into an apartment building
- A condo association's default on a common loan can cause the demise of the whole condo complex and its individual units
- The Ten Commandments of Condo Buying
- Recommendations and remedies for government and financial institutions, condo associations, and condo boards to make condo ownership safer
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Specificații
ISBN-13: 9780986865114
ISBN-10: 0986865117
Pagini: 190
Dimensiuni: 133 x 203 x 11 mm
Greutate: 0.21 kg
Editura: Neon-Publishing Corp
Colecția Neon-Publishing Corp
ISBN-10: 0986865117
Pagini: 190
Dimensiuni: 133 x 203 x 11 mm
Greutate: 0.21 kg
Editura: Neon-Publishing Corp
Colecția Neon-Publishing Corp