what is a condominium house

what is a mortgage refinance Ginnie Mae warns against repeated refinancing – Although many lenders continue to advocate the apparent benefits of refinancing on a mortgage, Ginnie Mae has come out with advice to the contrary, suggesting that repeated refinances could.

Top 5 Reasons Why a Condo is Better than a House & Lot – Listed below are the top reasons why a condo is better than a house & lot. Read on. Comfort and Luxury. Condos have first class amenities and great building features. Many may prefer a house and lot but condominiums are still good choices because of all the great perks that go with them. Such are comforts, luxury and security which make a.

What is a Residential-Condominium? What is a Land Condominium. – Each house sold as a condo totals more profit than the two houses would generate if sold together on the one lot. Hence, there is a profit motive for builders, or anyone for that matter, to do this. I did it myself, actually. I CPR’ed two houses on my property, sold one and paid off my.

what downpayment is required for a home loan Millennials should do this if they want to get a great deal on a car – I ran the financing, assuming a $1,500 down payment with a 72-month loan at 4%. Having no car loan on your side of the equation will be a benefit when you begin pursuing a mortgage – as will seven.

Kim & Kanye Buy ‘Billionaire Bunker’ Condo in Miami Beach – Going bicoastal, KimYe recently purchased a prized miami beach apartment at Faena House-Argentine developer alan faena’s contemporary condominium where billionaires dwell. Is that wishful thinking? Is.

fha mortgage amortization calculator fha requirements: mortgage Insurance – Mortgage insurance is a policy that protects lenders against losses that result from defaults on home mortgages. fha requires both upfront and annual mortgage insurance for all borrowers, regardless of the amount of down payment.

How is buying a condominium different than buying a house? – Just as the value of any one house is dependent on property values in the neighborhood, the value of a condominium depends on the condition and desirability of the entire complex. The best way to get information about a condominium complex is the same as in a single-family house neighborhood. Take a walk and talk with the neighbors.

can 401k be used for home down payment I used a 401k withdrawal to pay my down payment for a. –  · I used a 401k withdrawal to pay my down payment for a house.?. The exception for the 10% penalty for buying a first home, does NOT apply if the money came directly from a 401K (the rule is for IRAs).. I used my 401k as a down payment, do I still have to pay the 10% penalty?

Apartment vs. Condo: What's the Difference? | Apartments.com – What’s the difference between a condo and an apartment? So, what makes a condo different from an apartment? In terms of physical attributes, nothing. The difference between the two stems from ownership. You now know that an apartment is housed within a complex (filled with other apartments.

Condominium – Wikipedia – A condominium, often shortened to condo, in the United States of America and in most Canadian provinces, is a type of living space similar to an apartment but independently sellable and therefore regarded as real estate.The condominium building structure is divided into several units that are each separately owned, surrounded by common areas that are jointly owned.

Why a condo is a good idea-maybe better than a house Condos are less expensive than houses. According to the National Association of Realtors (NAR), the median existing house price was $241,700, as of January, 2018. The NAR also reported the median existing condo price was $231,600, also as of January, 2018. That’s a difference of only.

Historic Portsmouth: A nickel back from Rockingham House – Kennedy. It was converted into condominiums in 1973 and was added to the National Register of Historic Places in 1982..

My-Bermuda-House: Bermuda Residential Real Estate: Sales. – My-Bermuda-House.com is a full-service real estate company specializing in residential sales, rentals and property management.