The Condo Bible for Canadians: Everything You Must Know Before and After Buying a Condo
Autor Dan S. Barnabicen Limba Engleză Paperback – 31 mai 2013
—BENJAMIN GIANNI, Associate Professor, Azrieli School of Architecture and Urbanism, Carleton University
"I particularly like the description of the 100-unit complex example. Barnabic's expertise is invaluable to those considering condominium ownership and to those who may find themselves on the board of a condominium association."
—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
The Condo Bible for Canadians 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: 9780986865107
ISBN-10: 0986865109
Pagini: 198
Dimensiuni: 133 x 203 x 11 mm
Greutate: 0.22 kg
Editura: Neon-Publishing Corp
Colecția Neon-Publishing Corp
ISBN-10: 0986865109
Pagini: 198
Dimensiuni: 133 x 203 x 11 mm
Greutate: 0.22 kg
Editura: Neon-Publishing Corp
Colecția Neon-Publishing Corp