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The Complete Guide to Purchasing a Condo, Townhouse, or Apartment: What Smart Investors Need to Know - Explained Simply Paperback – January 12, 2007
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Top Customer Reviews
The bad: Almost half of the book's size is useless amortization tables that you can easily find online. I think they added these [...] pages with the sole purpose [...]. Because of that, I have to deduct two stars.
The book is full of strong practical advice. It also pulls no punches, she makes it clear that condo townhome ownership is not for everyone. She makes sure to cover not only the good points but the bad ones as well, especially in the area of Homeowners Associations-she explains their importance and how to deal with them. All of this done in an easy friendly manner with a welcome touch of humor.
The book is an excellent checklist for anyone considering buying.
Susan Smith Alvis has a considerable background in real estate and the shared housing arena and she puts her knowledge and experience to good use in this very informative and readable book. Touching on the simple (the difference between a condo and a town home) and the more complex (how an investor can find a niche market in apartment or condo real estate), she covers both the advantages and disadvantages of shared housing.
Benefits of purchasing a shared housing unit include, for instance, having a swimming pool, waterfront view or exceptional location which may not be available or affordable with a standard home. However, Alvis also realistically addresses some of the sticking points shared housing brings and that should be taken into consideration by potential buyers. She stresses the importance of researching the homeowners' association in the building, the board of directors and any condo fees, dues and special assessments that may regularly impact owners. She advocates potential buyers to do their homework before buying and provides plenty of avenues to explore to get accurate information before making a decision. As well, the book is quite up front about the "culture shock" of shared housing and what to expect during your first few months in a unit.Read more ›
Most Recent Customer Reviews
I like the guide giving telling you what to look for. I was looking for how an owner occupied resident could profit from a condo. All and all it's a great read.Published 9 months ago by Big Mike
ABSOLUTELY NOTHING ABOUT REAL ESTATE INVESTING! (LIKE THE TITLE SAYS) Waste of your money. All fluff. DO NOT BUY. Outdated too.Published 13 months ago by cchipster
If you are a 4th grader considering buying a condo, or a senile 95 year old looking for a vacation condo, this book is for you. Otherwise, look elsewhere.Published on September 22, 2013 by Kathryn
Book contains little content to help one in the buying process, does not contain any info on the mechanics of buying a place or the general process. Read morePublished on May 16, 2009 by SesameStick
Susan Smith Alivis makes sure that all the misconceptions about condo ownership are broken. To prove that buying a condo, townhouse or apartment is easier then one thinks. Read morePublished on May 11, 2009 by Christopher Baca
Despite all the fluctuations in the real estate market these days, buying a place of their own is still high on the list of priorities for many people. Read morePublished on February 4, 2008 by Patricia A. Martinelli