Tag: Condo

Posted on 08/04/2024
Buying a VA-Approved Condo: Understanding Approval Requirements
Eligible borrowers can use their VA loan benefits to purchase a condominium rather than a single-family home. For first time homebuyers, a condo or townhome can have multiple benefits compared to a standalone house. However, to use your VA loan on a condo property, the property must be within a VA-approved development. Here's a guide to the basics...
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Posted on 12/27/2020
6 Advantages of Owning a Condo
Photo by Wes Hicks on Unsplash Owning a condo can provide you with the best of both worlds. While you own your unit, ownership of the common areas, land and building are shared. The other members of the condo association share costs with you. Either a property management company or the board of directors is responsible for making...
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Posted on 12/01/2019
The Differences Between a Condo and a Townhouse
Photo by Pixabay via Pexels When it comes to home ownership, you have many options beyond buying a single-family home. A condominium and a townhouse are two such options. Before you consider making one of these your permanent home, it's important to understand the differences between them. Condo Ownership When you purchase a condo, you own the entire...
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