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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.
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:
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Most Helpful Customer Reviews
17 of 17 people found the following review helpful:
4.0 out of 5 stars
Quick, straight forward helpful advice,
By A Customer
This review is from: Tips & Traps When Buying A Condo, Co-op, or Townhouse (Paperback)
If you are even thinking of even buying a condo, townhouse or condo, this book is a definite buy. It's definitely worth the price to educate yourself about some things to look out for when looking to buy. It is in a question/answer/tip/trap quick and to the point format. I bought the book because it was recommended as one of the top ten real estate books to buy in the real estate section in the Washington Post for 2000. Highly recommend.
20 of 21 people found the following review helpful:
4.0 out of 5 stars
A good primer.,
By John Peck (USA) - See all my reviews
This review is from: Tips & Traps When Buying A Condo, Co-op, or Townhouse (Paperback)
As a prospective first-time property purchaser, I found this book to contain some good information on the particulars of condos and townhouses. I did not read the section on Co-ops however. Parts of the book seemed to contain redundant information, not necessarily for emphasis. Perhaps the chapters were intended to be somewhat self-contained. "Buying a home for Dummies" has been my first resource. I'd recommend reading something like it first in order to fully appreciate the differences w/condos and townhouses described in this book.
31 of 35 people found the following review helpful:
4.0 out of 5 stars
Good homeowner association information,
By J.P. Noble (Denver, CO) - See all my reviews
This review is from: Tips & Traps When Buying A Condo, Co-op, or Townhouse (Paperback)
As a board member of a homeowner asociation I found this book very useful in explaining the rights of homeowners and the function of the board. Good advice about dealing with the board as a homeowner, and some examples of dealing with homeowners as a member of the board. Very readable--a good, quick guide that will help me explain the board's actions to homeowners.
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