Review
"Buying a condo, townhouse, or co-op is like marrying into a family," writes Irwin.
Book Description
One third of all homes sold today are condos, co-ops, or townhouses. America's #1 real estate expert shows what to watch for when buying one of them. Home ownership is still the American dream, but not everyone follows tradition by buying a detached one-family house. Condos, co-ops, and townhouses are increasingly popular alternatives nationwide. These "shared ownership" options have unique pluses and minuses, as Bob Irwin reveals in Tips & Traps When Buying a Condo, Co-op, or Townhouse.
Like other books in his best-selling "Tips & Traps" series, it's packed with targeted, reader-friendly advice. If you're a prospective buyer, Bob Irwin will show you how to: Decide if shared ownership is right for you Read between the lines of bylaws Deal with homeowners associations Check out the seven warning signs of big trouble Handle disclosures and inspections And much more
Download Description
Learn everything you need to purchase a condo, co-op, or townhouse -- from understanding bylaws to dealing with disclosures and inspections to negotiating a deal.
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 the Author
Robert Irwin, one of America's leading experts in all areas of real estate, is the author of more than twenty books, including McGraw-Hill's best-selling Tips and Traps series. For more of Bob Irwin's real estate tips and traps, go to www.robertirwin.com.
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