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Tips and Traps When Buying a Condo, co-op, or Townhouse

Tips and Traps When Buying a Condo, co-op, or Townhouse
By Robert Irwin

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Product Description

Steer clear of money pits and target the top properties in this hot investment sector!

Condos, co-ops, and townhouses account for more than one-third of real estate sales in the United States. Fully updated to address the many changes that have occurred in the market since the first edition, Tips & Traps When Buying a Condo, Co-Op, or Townhouse, Second Edition, covers all the bases to help you navigate the process of buying into a shared-ownership development.


Product Details

  • Amazon Sales Rank: #198492 in Books
  • Published on: 2006-12-18
  • Original language: English
  • Dimensions: .65" h x 6.20" w x 8.94" l, .67 pounds
  • Binding: Paperback
  • 208 pages

Editorial Reviews

From the Back Cover

Hunting for your dream co-op, condo, or townhouse? Don't even think of buying one until you check with one of America's leading real estate experts!

Buying a condo, townhouse, or co-op is like marrying into a family, writes Robert Irwin in Tips & Traps When Buying a Condo, Co-op, or Townhouse. It can be a dream come true of shared amenities you could not afford on your own­­like pools, golf courses, lakes, and spas. Or you could find that you've married into a dysfunctional "family" and you're living in a nightmare of real estate politics, hidden fees, and draconian approval processes.

Now best-selling real estate writer Robert Irwin lays out the many things you need to know when buying a condo, townhouse, or co-op, much of which goes beyond buying a single-family home. Make your condo, townhouse, or co-op dreams come true with practical advice that will save you time and money:

  • Learn the 7 "red flag" questions
  • Evaluate the property's future value
  • Understand homeowners' rules
  • Check out hidden shared legal hazards
  • Rate insurance coverage and cash reserves
  • Uncover potential financial liabilities
  • Discover what dues histories mean
  • Determine who's responsible for maintenance
  • Conduct a thorough inspection and investigate disclosures

About the Author

Robert Irwin is one of America's leading experts in real estate and the author of more than 50 books, including Tips & Traps When Negotiating Real Estate. His real estate titles have sold more than one million copies.