How Does Fractional Ownership Of A Condo Work?

If you’ve been looking for a vacation home, you may have noticed condo listings that refer to fractional ownership. But what is fractional ownership, and how does fractional ownership of a condo work?    Often confused with timeshare, fractional condo ownership allows you the use of a condo as your vacation home, along with several…

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What Does HOA Cover For Condos?

Are you considering buying a condo? If so, you’ve probably come across the term ‘HOA fees’ in your research. Understanding what these fees entail and their purpose is essential before making a purchase. Homeowners Associations (HOAs) have become increasingly popular, with continued growth expected in the coming years. Today, at least 75 million people in…

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How Much Do Condos Appreciate Per Year? Estimating Your Condo’s Future Worth

In the world of real estate investments, your options are diverse and tailored to your comfort with risk. While flipping houses or managing rentals are common strategies, one opportunity is often overlooked: condo investments. Historically, single-family detached houses have been considered a better investment as most Americans prefer them, and their value appreciates faster. They…

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What Are Condo Fees & How Do They Work?

Condominiums have become increasingly popular, and homebuyers are opting for them for numerous reasons. These include security, access to amenities, and the convenience of maintenance being taken care of by someone else. If you’re looking for a condo, you’ve probably come across the term, ‘condo fees’, either from your real estate agent or through your…

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What Is A Condo? A Complete Breakdown of Condos

what is a condo

For many prospective homebuyers, the idea of tending to a house and yard can be daunting. The price tag of single-family homes today can also test your budget’s limits. Luckily, various property types are available that minimize maintenance headaches and are more wallet-friendly. Enter the condominium, commonly known as a condo. But what is a…

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