|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 800-270-8706 ext 202.
|
Sign Up For My eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
|
|
 |
As a true full-time real estate professional, I take my duties and responsibilities very seriously. By doing so, I have gained tremendous knowledge of my market, developed powerful negotiating skills and created extremely effective marketing and servicing programs-all of which have saved my clients hundreds to thousands of dollars when buying or selling their house. If professional service and guidance is important to you, then it's time to contact me. It would be my pleasure to show you how I am truly "Making a Difference". Please Sign Up For The Latest Listings and the Latest Real Estate News
Titles >Holding Title to A Condo With condominiums becoming increasingly popular among today's homebuyers, it is a good time to clarify the terms of ownership that seem to confuse many people. Condo-type residences most commonly fall into two categories - condominiums and townhouses.
A condominium is usually a multi-story structure. Each owner-resident has a deed of ownership for his own unit and owns the space within the unit, but not the land under the structure. Therefore, condo units can be stacked vertically. Condo owners share title to the common areas of the development, including land, exterior of buildings, hallways, roofs and swimming pools -- all areas used by all occupants. Each owner pays property taxes on their unit. Also, a monthly fee is paid to the homeowners' association that is used for managing and maintaining all common areas.
A townhouse, or town home community is usually a series of single- or two-story housing units, each linked to each other horizontally by common walls. Each owner hold title to their unit and the land beneath it, thus these units cannot be stacked vertically. Typically, a townhouse unit will be a two-story residence, with the living area downstairs and bedrooms upstairs. Common areas belonging to the townhouse development are owned jointly. Each townhouse owner pays property taxes and association fees.
|
| Q |
What trendy and highly unusual hotel must be totally rebuilt every year?
|
| A |
Sweden's popular Ice Hotel, which has 60 double rooms, 25 suites and an interior temperature of 20 degrees, starts melting to the ground in May and is rebuilt every winter. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
