Financing your Condo, Co-op, or Townhouse

Financing your Condo, Co-op, or Townhouse

Book - 2009
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Finding a condo, co-op, or townhouse to call home is hard enough, but finding financing to buy this kind of property is even more challenging. As a veteran mortgage banker and author of Mortgages 101 , David Reed has helped thousands of buyers through this complicated process. Financing Your Condo, Co-op, or Townhouse offers readers invaluable advice, including information on developer financing, specialty loans, government programs and refinance loans, streamlining the approval process, appraisals, closing costs, and more. Readers will discover:

* the differences among condos, co-ops, and townhouses

* how to find the right type of property for them

* the rules governing loans for condos, co-ops and townhouses

* how to evaluate which loan type is best and lock in the lowest rate

* why the percentage of owner-occupied units is important

* what to consider when buying new construction or conversion properties

* the financial considerations unique to each type of home

Whatever the property, whatever the question...this handy guide to financing has the answers.

Publisher: New York : American Management Association, c2009
ISBN: 9780814480625
Branch Call Number: 332.7220973 REE 2009
Characteristics: ix, 228 p. ; 23 cm


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