What are the recent rental rates of comparable apartments in the area? How do you determine a fair market value for a condo you are interested in buying?

Mar 28, 2022 ... Whereas each unit in a condo building is owned by individual occupants, all of the units in an apartment building are owned by one person: the ... Oct 25, 2024 ... What's the Difference Between a Condo and a Townhouse? · It's an apartment-style building structure. · The living space is typically on a single ... A condominium, or condo, is an individually owned unit in a complex or building of units. · A condo owner owns the space inside their condo and shares ownership ... Mar 8, 2024 ... “A condo refers to a private residence located inside a shared building that individual owners can purchase, while an apartment is usually owned ... Apr 5, 2024 ... An apartment is usually in a multifamily building and all of the units are owned by one company or person and rented out individually. A condo ... May 19, 2017 ... Condo units are owned by individuals and rented out, which means the owner is your landlord. Downtown Chicago condos are often managed by the ... Nov 16, 2021 ... What's a condo? ... A condo or a condominium is defined as a living space closely resembling an apartment. The major difference is that a condo is ... Nov 6, 2023 ... Generally, condos offer more amenities than apartments. The HOA board allows the owners to provide their input on how the condo should be ... 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. Dec 29, 2020 ... So, let's dive in and explore the differences between apartment and condominium properties, with some insight on flats thrown in for added ...