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Can a Veteran obtain a VA Mortgage Loan to purchase a condo on the ocean with 1/3rd down payment?
Can a Veteran obtain a VA Mortgage Loan to purchase a condo on the ocean with one-third down payment?
In a condo association is maintenance defined as mowing of lawns and edging the same as landscaping of common element around the perimeter of a condo?
Your governing documents, including any maintenance tasks included in the annual budget will give you the answer to your question.Generally, all lawns, except lawns specifically owned and maintained by a single owner, are covered in landscape maintenance tasks, because these real estate assets are owned in common with all other owners.If your budget line item reads 'landscape maintenance', your board of directors can define exactly which lawn areas are covered by that percentage of your assessment payment assigned to landscape maintenance.
Who takes care of the condominium and the grounds?
generally this is going to be your homeowners association within the condo, although it can many times be managed by a professional management company. I personally live in a PUD (Planned Unit Development) community, which is very similar to a condo complex. In my neighborhood, all of our property maintenance and insurance issues are handled through the HOA. If all else fails, you could contact your condo association and ask them. hope this helps!
Condo Assn IRS filing how do you find out if it was done IRS website no help?
You can request a copy of the filed form from your board.
Can you have a reverse mortgage on a condo?
Yes, you can have a reverse mortgage on a condo. However, the condo must be approved by the Federal Housing Administration (FHA) for reverse mortgages. The condo complex must meet certain eligibility criteria set by the FHA.
What is a garden condo?
Usually a condominium complex with a garden, or a condominium unit with a garden dedicated to the unit.
Why is a condo a good first home to have?
A condominium is a very good starter home as they were intended to. The cost is lower than other forms of housing. The owner of the condo pays only a small portion for building maintenance.
What are the key differences in obtaining a mortgage for a condo versus a townhouse?
The key differences in obtaining a mortgage for a condo versus a townhouse are related to ownership structure and property type. Condos are typically part of a larger building or complex with shared amenities, while townhouses are standalone units with individual ownership of both the unit and the land it sits on. Lenders may have different requirements and considerations for each type of property, such as the condo association's financial health and rules for condos, and the maintenance responsibilities for townhouses.
Lost my job have not paid condo fees for years I own my condo and pay monthly mortgage but not enough money for condo fees. I am on ssi and food stamps.?
You can wait for the association to take action against you for the debt you owe, or you can take action and explore payment plans that fit into your current situation.
What is the difference between an apartment complex and a condo?
A condo is owned privately even if it is being rented the owner is renting it. Apartments are owned by businesses and are considered a business. They rent the apartment out to multiple people and that is how they do business.
What is the difference between condo and vetro tower?
The difference is that a condo is a building or complex of buildings containing a number of individually owned apartments or houses. A vetro tower is a type of loft, and some lofts are not condos.
Where is Lunas house in mega man?
Her house is the fancy condo complex. You have to get a bit far into the game to go inside.
