how to purchase a condominium

3 Reasons to Buy a Condo – and 3 Reasons to Beware | Personal. – A condominium, which is like a hybrid between an apartment and a house, is property that you can purchase and own outright. A condo offers.

how much will my mortgage insurance be What is mortgage insurance and how does it work? – Mortgage insurance lowers the risk to the lender of making a loan to you, so you can qualify for a loan that you might not otherwise be able to get. But, it increases the cost of your loan. If you are required to pay mortgage insurance, it will be included in your total monthly payment that you make to your lender, your costs at closing, or both.

Should you buy an optional parking spot with your condo purchase in Victoria, B.C.? If you are interested in owning your own home, but maintaining a yard is not part of your dream, a condo may be the perfect home for you. condo construction has been on the rise in the past decade.

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When Condo Boards and Residents Clash, Legal Bills Mount – For example, she said she knew of a condo board president who used association funds to buy a pool table and club chairs so he and his pals could hang out. And a board member who gave contracts for.

how to shop for best mortgage rates How To Shop For Best Mortgage Rates – How To Shop For Best Mortgage Rates – Learn more about your refinancing options. We can help you by lowering your monthly payment, converting to a fixed-rate loan or changing interest rate.

If you want to buy a condominium unit, and you’re not paying cash, this article is for you. If you finance your condominium with a Fannie Mae, Freddie Mac, VA or FHA home loan (between them they have 94 percent of the mortgage market), your condominium project must meet the guidelines of the corporation or government agency that backs your loan.

What to Know About Buying a Condo – SmartAsset.com – Each condo complex will have their own rules and restrictions. You should be well aware of those before you buy a condo and find you can’t live with their rules. What to Know About Buying a Condo. In addition to a condo’s rules, you should also be aware of the condo association’s budget.

lookup fha case number FHA Logo – FHA Connection – HUD – The FHA Connection provides FHA-approved lenders and business partners with direct, Access requires the use of an authorized user account number and.

An Expat's Guide to Buying A Condo Unit in the Philippines. – Buying a condo unit in the Philippines may not be so different from buying property in your home country. But before you plunge into actually buying a condo unit, sit down, analyze your needs and define what would be best for your requirements and your situation.

Rent my condo to the guy who broke my heart? Best decision I ever made – Once he got over the surprise, he asked what I was going to do with the condominium I owned. When Chuck’s business manager suggested that he should buy a place as an investment, Chuck asked me to.

What to do when association won’t address condo’s lack of water – The condo fee covers water. From my conversations with the condo. Should this problem have been disclosed to us at purchase, and would it require disclosure at an eventual sale? Would we be.

Top 10 Mistakes Made When Buying an Office Condominium – Top 10 Mistakes Made When Buying an Office Condominium. Buying a commercial condo can be a great move for a business, from the tax advantages, cost savings and predictability in expenses, it makes sense in many situations. Here are ten pitfalls to avoid when buying an office condominium space.

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