Product Description

The authors explain the difference between condos and co-ops, and help readers decide which is best, depending on one's personal circumstances. Barron's easy-to-understand Business Keys take the mystery out of finance and investment for ordinary consumers. These easy-to-read books offer up-to-date advice on saving, investing, protecting one's assets, coping with taxes, and prudent management of personal finances.

Product Details

• Amazon Sales Rank: #934359 in Books
• Published on: 2000-10-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 180 pages

Review
An excellent survey book of considerations... On my scale of one to 10, this basic books rates a nine. -- Robert J. Bruss, Tribune Media Services, January 2001

Customer Reviews

Keys to Purchasing a Condo or Co-op by Friedman et al.
This is an excellent purchase if you intend to purchase a condo
or coop in the not too distant future. The authors explain the
investment value of condominiums, as well as tax benefits and
the process of qualifying for a low-interest loan. The process
involves an offer, contract and close to transfer title.
A typical checklist of things will involve the following:
o price o maintenance fees
o parking o storage facilities
o life style o ownership approval
o location o utilities
o budget o by-laws

Important documents must be formulated; namely, a declaration
of intent, bylaws, budget and deed. There are a number of important internet sites for buyers of co-ops and condos; namely,
fanniemae.com hudgovlenders hud.gov/broker

This work is an important acquisition , if you intend to buy
a co-op or condominium. The paperwork and legal issues are
considerable. This text explains the details in simple English
with examples of how to fill out the paperwork and negotiation
complexities. It is well worth the price.