Real Estate

What is the difference between Condo for sale and condo for rent?

admin — Fri, 03 Feb 2012 06:22:41 +0000

Does a condo for rent come with ownership rights?

How old are you, 6? Look in a dictionary.

can you sell a new condo back to the builder?

admin — Sun, 15 Jan 2012 00:24:17 +0000

Just bought a brand new condo in california. There are still ten brand new condos up for sale. I can save the commissions and time on selling if I sell it back to the builder. I figure they don’t want me to list the property 25k lower than all the other same models and will just buy it back at the 25k discount. Any thoughts why builder will not buy back and if it’s a good idea.

They will not buy it because they have no interest, and no funds, to acquire property. They will not care if you list it, people will still want the new one, the onw where they pick the colors, upgrades, etc.

Do townhouses allow pets?

admin — Wed, 30 Nov 2011 06:10:03 +0000

I rent but am looking for a bigger place. I have looked at single family homes in the $200,000 price range and they are ok but nothing has really caught my eye as of yet. I recent stumbled across some townhouses for sale in the same area and price range that are amazing! I want to know if Townhouses have pet restrictions like condos/apartments. Any ideas?

If you are buying the house and there is a Home owners assoc. you will need to check their guide lines for the breed and size of dogs they allow.
If there is no HOA then it is your home and you can pretty much have any kind of dog you want.
Except if there is a city,county,or state wide ban on a certain breed.

If a condo for sale has only 1 comp, in the last 3 mnths, is it only used, or older comps or nearby comps used?

admin — Wed, 23 Nov 2011 01:36:55 +0000

For appraisal purposes, they can use similar units in the nearby neighborhood and + or – for the differences as well as using older prior sales and current listings.

Average price studio/condo Montreal?

admin — Wed, 16 Nov 2011 02:43:08 +0000

I wonder around how much a small studio goes for sale in a central area of Montreal. By central I mean downtown, plateau, or close by with metro access sort of easy.

The average price for outdoor Montreal is anywhere from $10,000 to $15,000. Indoor Montreal is $20,000 to $35,000, depending on the area.

How is your experience of living in Condo?

admin — Wed, 09 Nov 2011 04:50:15 +0000

I decided to move back to the City this year, and after 3 rejected home offers, I decided to look at a condo in downtown area, its for sale and for lease, and I know I dont want to buy a condo so I was thinking of leasing it until I find my dream home. Its a 3 bedroom, 2 bathroom, with granite counters and stainless steel kitchen, it has 2 car garage and fireplace with hard word floors and its in gated community. Are condo’s the way to go these days? How was your experience in living in one? Thanks

There is no right answer here. Everyone has their own opinion on condo living. Some people love it while others hate it while others are indifferent. Some people can’t afford to buy a single detached home, so they opt for condos, townhouses etc.

I’ve lived in a condo for the past 6 months and I absolutely HATE IT. I can hear my neighbors upstairs and on either side of me. I hate the attitude of the HOA and the way certain people feel like they’re better than you and find the need to point this out via stupid comments. On the other hand, I love the view, the security and the convenient location. But I can’t wait to own a single detached home again.

BUT like I said, everyone has a different perspective. I’ve known people who have owned single detached homes who ended up moving into a condo and would never want to go back to a single detached home. Other people are more money conscious so live in condos because they can’t afford a house etc.

How can I find out if my apartment complex is going to become HUD Section 8 housing?

admin — Sun, 30 Oct 2011 06:09:48 +0000

Two years ago, we bought a condo in a complex that was flipped from apartments to town homes. This is an an area of town that was undergoing a re-vitalization. We are bordered by two nice apartment complexes, but also two section 8 neighborhoods (that are quite bad). The developer told us that the other complexes were going to flip into condos and that the section 8 neighborhoods were going to be relocated and homes built on that land.

Since the market has flopped, about half of our units are for sale and another quarter are in foreclosure. With the recession, the whole re-vitalization scheme has been halted. The section 8 neighborhoods are worse than ever; and we just found out that one of the nice complexes next door that was going to be flipped is now actually turning section 8. We’ve started hearing rumors that our complex is going to be designated section 8 as well.

How can I find out if these rumors are true? who would I talk to for a straight answer?
Forgot to say – our Homeowner’s Association Manager is completely untrustworthy. I can’t ask them and expect an honest answer. Really stuck here… isn’t this sort of thing made public ?

your manager/landlord would be the only one who would know that.. Section 8 might but it’s unlikely..

What section should I place my ad under?

admin — Fri, 28 Oct 2011 02:18:00 +0000

I am posting a Newspaper carrier add on a ad site because I am a teen and I am looking for a part time job. What category should I post my ad under?

buy and sell

art, collectibles
baby items
bikes
books
business, industrial
cameras, camcorders
cds, dvds, blu-ray
clothing
computers
computer accessories
electronics
furniture
garage sales
health, special needs
hobbies, crafts
home appliances
home & garden
jewellery, watches
musical instruments
phones, PDAs, ipods
sporting goods, exercise
tickets
tools, equipment
toys, games
video games, consoles
other

services

childcare, nanny
cleaners, cleaning
computer
entertainment
financial, legal
fitness, personal trainer
health, beauty
moving, storage
music lessons
painters, painting
photography, video
skilled trades
tutors, languages
wedding
travel, vacations
other

cars & vehicles

cars & trucks
classic cars
auto parts, tires
automotive services
motorcycles
ATVs, snowmobiles
boats, watercraft
RVs, campers, trailers
heavy equipment
other

real estate

apartments, condos
house rental
room rental, roommates
short term rentals
commercial, office space
storage, parking
houses for sale
condos for sale
land for sale
real estate services
other

community

activities, groups
artists, musicians
classes, lessons
events
friendship, networking
long lost relationships
lost & found
missed connections
rideshare
volunteers
other

pets

accessories
animal, pet services
birds for sale
cats, kittens for sale
dogs, puppies for sale
livestock for sale
other pets for sale
to give or donate
other

jobs

resumes

accounting, mgmt
child care
bar, food, hospitality
cleaning, housekeeper
construction, trades
customer service
driver, security
general labour
graphic, web design
hair stylist, salon
office mgr, receptionist
part time, students
programmers, computer
sales, retail sales
tv, media, fashion
other
Than you in advance for you replies. Ill be sure to vote for best answer.

post if under jobs – part time,students or under services as well

New condo with no certificate of occupancy and serious construction defects. What can I do?

admin — Fri, 21 Oct 2011 05:09:18 +0000

This development in San Diego, CA may be condemned. The builder is bankrupt and homes cannot be sold. Also, no loans available. There was never a Cert. of Occupancy issued and inspections were not completed. Bank, escrow, and title all say they have no CO. Does bank and title company have responsibility?. I want my bank, Wells Fargo, to do the right thing and admit that they loaned a large amount of money to me on a home that can not be safely lived in, until major repairs are made, possibly a complete tear-down and rebuild. HOA is attempting with law suit to get at least $50 million that is needed to rebuild. Meanwhile the individual owners including myself are in big trouble financially and foreclosures and short sales are the only real estate activity. I have read case law that indicates the lender is responsible for the loan and the title insurance company is responsible for my purchase price when there is no CO. I plan on filing a claim against the title insurance, and I have requested either a reversal of the original transaction and a return of my investment, or a large write down of my loan to compensate for the loss of my large down-payment and the amount of the loan underwater. So far, Wells Fargo is stonewalling and say it is my problem and they are not responsible. I have contacted the county Building Department, and they have confirmed that inspections were never completed.

I am not optimistic regarding the HOA lawsuit, since I’m not confident that they can successfully get enough money to get the job done properly. They seem to be more interested in protecting themselves from lawsuits than representing all of us, since there has been lots of fraud involving the original developer and past board members. Also this could drag on for years.

There is another individual/group law suit to help recover damages for the owners, but again I’m not very patient with this process and I wish to mitigate some or all of my losses as soon as possible. Anyone with a California legal/real estate background please comment on what my chances are for recovering if I press the issue with the lender and the title company.

Wells-Fargo is a money lender, and is in NO way responsible for the physical condition of the property which you purchased. It is always a buyer responsibility to have the premises inspected for possible physical defects/issues. Don’t expect any relief from the lender here. It is not at fault.

Your title insurance policy isn’t going to cover you either. You HAVE clear title to the property, but you do not have a CO. A CO is NOT a part of a property title, and it is not the responsibility of the title insurer to check that a CO has been issued.

Sorry to tell you this, but you and the others are in a mess for which only the bankrupt builder is responsible, and chances of getting blood out of THAT turnip are very low.

Why does everyone say the economy is in poor shape when all I see is prosperity?

admin — Sun, 16 Oct 2011 01:10:21 +0000

Where I live, the number of housing units increases by about 50 every year. They are high end rentals, luxury condos, townhomes, gate private communities. Yeah, go back to 2005-06 the numbers were more like 100-125, but they were also like this between 1996-99. Not one housing project, we have two, about 100 units each. One was built in 1971. The other was built in 1984. Both times during Republican presidents. The older one was rebuilt last year. Put a lot of people to work.
I’m a vet tech. The practice I work for is booming. When I was a kid, this was our family vet, one vet, one assistant. Today this same practice provides high end boarding at $20-40 per day (almost always full). Holistic pet foods at 3x the price of grocery store food, and sales are way up. We have two groomers on staff and a person that just washes animals. I’m one of three veterinary technicians (AAS) there is a veterinary technologist (BS) as well as 4 veterinarians, plus the owner and other staff. This place is grossing in the millions. Not the case 20 years ago. We don’t live in a huge city (only about 26,000) and most people are middle class to upper middle class. I make $16 per hour right out of community college. We can’t even get a fourth vet tech at this price. I make a good 10-12 hours OT every week.
My brother works for a motor freight line. They need Class A drivers, Class B drivers, forklift operators, warehouse laborers. Business is really good. You can walk in, no skill, no experience and make $11 an hour as a laborer. Make it past 90 days, you get $12 plus a good amount of OT. My brother had about 21 hours training as a forklift operator. Three 7 hour days. They started him at $14 per hour. After his 90 days probation, they paid him a $500 bonus, about what he paid for forklift training.
I don’t know one person not doing at least fairly well except for one cousin. By choice, he works a 14-17 hour week at a retail store for like $8 per hour. He’s been going to college for six years now. 3 credits a semester. My uncle should toss this lazy bum out.
TV tells us we need to own certain things. Like cars that cost $400-500 per month to own. Anyone who doesn’t own at least a 47" TV set, less than 2 years old, is poor. Everyone eats out all the time, yet has a kitchen full of fabulous appliances. If we don’t live up to the unrealistic image put out by corporate America (the GOP’s buddies) there is something wrong with our lives and we must be unhappy. If you don’t watch TV or go to movies (like me) it is amazing how much better everything seems away from the spin.

you don’t get out enough