What are the potential drawbacks of living in an older condo?

Apr 22, 2022 ... Condos may be more expensive to buy, but easier to finance. Apartments in cooperative buildings tend to cost less, but are harder to finance. A ... Mar 26, 2024 ... Classic apartments in Indonesia are typically owned by a single entity, such as a developer or a company. In contrast, individual units in a ... an apartment is who you'll pay rent to. If you're renting a condo, you'll pay rent directly to the property owner, who acts as your landlord. If you're renting ... Feb 15, 2017 ... A condo will be a privately owned unit being rented out by the owner either directly or through a company which provides rental management services. May 24, 2024 ... A condominium is a single unit of a larger housing structure — it can be in a high-rise building or part of a converted multifamily structure ... Aug 28, 2023 ... Comments Section ... An apartment is rented. You would sign a lease and pay a monthly rent to the landlord. A condo is purchased. You would pay ... Oct 5, 2013 ... When looking for a condo, loft, apartment, or cooperative apartment, this may help clarify for you. What's the difference? whats the difference ... Condo is generally short for “condominium”, a private residential unit that may be owned or rented out to tenants by a landlord. The landlord owns the ... Nov 15, 2022 ... The most notable difference between an apartment and a condo is ownership. A tenant in an apartment signs a rental agreement with the owner of the building and ... Condominiums share non-exclusive common areas that are in the condo management's control. Unlike an apartment, different individuals own the dwelling units in a ...