How to Buy a Condominium or Townhome

by LEITER IRWIN E.

• ISBN13: 9781572481640
• ISBN10: 1572481641
• Edition: 2nd
• Format: Paperback
• Copyright: 2001-12-01
• Publisher: Sourcebooks Inc

Summary

A simple step-by-step guide to buying a condo or townhome that includes evaulating property, preparing an offer and all closing procedures

Table of Contents

Using Self-Help Law Books	v
Introduction	xi
Forms of Ownership
The Single Family Home
The Townhome
The Condominium
The Cooperative	1	(10)
Condominium and Townhome Ownership	11	(12)
Communal Living: General Overview
Communal Living: Specifics for Condominiums
Amenities in Common with Others
The Owners' Association
Master or ``Umbrella'' Associations
Finding the Right Property	23	(144)
Determining What You Want and What You Can Afford
Finding Properties
Negotiating with Sellers
Real Estate Brokers and Agents
Property Inspections
Financial Evaluation
Disclosures Required by Law
Other Documents and Items to Consider
Purchase Documents
The Real Estate Purchase Contract---Existing Condominium or Townhome
The Real Estate Purchase Contract---New Construction	75	(28)
The Preclosing and Closing
Preclosing
Closing and Closing Documents	103	(42)
Life in Your New Condominium or Townhome
Rules and Regulations
Serving on the Board	145	(22)
Additional References	167	(2)
Glossary	169	(12)
Appendix A: State-by-State Reference Guide	181	(14)
Appendix B: Worksheets	195	(8)
Appendix C: Checklists	203	(8)
Appendix D: Blank Forms	211	(12)
Index	223