Tag: Condo

Posted on 11/20/2022
Process and Requirements for Buying a VA-Approved Condo
Eligible borrowers can use their VA loan benefits to purchase a condominium rather than a single-family home. For first time homebuyers, a condo or townhome can have multiple benefits compared to a standalone house. However, to use your VA loan on a condo property, the property must be within a VA-approved development. Here's a guide to the basics...
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Posted on 10/31/2021
Here's Why First-Time Homebuyers Should Consider Condos
Image by StockSnap from Pixabay First-time homebuyers have more choices than ever before when it comes to picking a home. While for many, a home translates to “house” there are other home ownership options to consider. Condominiums, or condos, are an excellent choice for first-time buyers for several reasons. Depending on where you live, they might be more...
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Posted on 05/31/2020
What is Common-Interest Housing?
Image by Free-Photos from Pixabay Common-interest housing includes individually owned spaces and common areas shared by all owners. The common areas can include clubhouses, landscaping, parking lots or pools. Multistory buildings share lobbies, stairwells, and elevators. Any community that shares property including single-family free-standing homes in developments, falls into the common-interest category. The two most familiar types of...
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