Tips and Traps When Buying a Condo, co-op, or Townhouse - Softcover

Irwin, Robert

Softcover

ISBN 10: 0071467955 ISBN 13: 9780071467957

Publisher: McGraw Hill, 2007

Synopsis

Steer clear of money pits and target the top properties in this hot investment sector!

Condos, co-ops, and townhouses account for more than one-third of real estate sales in the United States. Fully updated to address the many changes that have occurred in the market since the first edition, Tips & Traps When Buying a Condo, Co-Op, or Townhouse, Second Edition, covers all the bases to help you navigate the process of buying into a shared-ownership development.

About this title

From the Publisher:

Robert Irwin is one of America's leading experts in real estate and the author of more than 50 books, including Tips & Traps When Negotiating Real Estate. His real estate titles have sold more than one million copies.

From the Back Cover:

Hunting for your dream co-op, condo, or townhouse? Don't even think of buying one until you check with one of America's leading real estate experts!

Buying a condo, townhouse, or co-op is like marrying into a family, writes Robert Irwin in Tips & Traps When Buying a Condo, Co-op, or Townhouse. It can be a dream come true of shared amenities you could not afford on your own­­like pools, golf courses, lakes, and spas. Or you could find that you've married into a dysfunctional "family" and you're living in a nightmare of real estate politics, hidden fees, and draconian approval processes.

Now best-selling real estate writer Robert Irwin lays out the many things you need to know when buying a condo, townhouse, or co-op, much of which goes beyond buying a single-family home. Make your condo, townhouse, or co-op dreams come true with practical advice that will save you time and money:

• Learn the 7 "red flag" questions
• Evaluate the property's future value
• Understand homeowners' rules
• Check out hidden shared legal hazards
• Rate insurance coverage and cash reserves
• Uncover potential financial liabilities
• Discover what dues histories mean
• Determine who's responsible for maintenance
• Conduct a thorough inspection and investigate disclosures

About this edition

• Publisher: McGraw Hill
• Publication date: 2007
• ISBN 10: 0071467955
• ISBN 13: 9780071467957
• Binding: Paperback
• Edition number: 2
• Number of pages: 208