· Is a condo a good investment? Here are the questions and calculations you’ll need to make to determine the answer.. Assessments are expenses incurred to cover the common areas of the condominium property. Assessments could include landscaping, parking lot and parking garage repairs and maintenance, improvements to the exterior of the.
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Instead, it has led to the construction of high-end condos and apartments. If the city overpaid for the hospital property, which it appears to have done, it should take its lumps and shift course,
Required if the property is a one-unit investment property and the borrower is using rental income to qualify. Otherwise, Form 1007 is not required. (The lender may obtain this form for the purpose of reporting gross monthly rent at delivery. See A3-4-02, Data Quality and Integrity.)
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New York’s condo slowdown is upending the market for one of the most coveted assets in tightly packed Manhattan: land. Sales of parcels for development are plummeting as builders, seeing signs that a.
Are you looking at buying a condo as an investment? If so, how do you know if a condo is a good investment? There are several calculations you can go through, and questions to address, to determine the answer.
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