Condominium
A condominium is another real estate option other than a traditional stand-alone home. Usually condos are purchased with mortgage, but in difficult markets or selling situations they may be rented as apartments. Learn more here about condominium housing.
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Divorce Settlement Should Resolve Property Dispute
Added March 13, 2009 by Ilyce R. GlinkWhen you get divorced your divorce settlement should outline who gets what property and how it's divided up. Property issues that can be resolved in a divorce settlement can include rental property or primary residence issues. If you and your ex-spouse own rental property together and one of you wants to sell, you must both agree or one of you must take on responsibility for the property on your own. If the divorce settlement didn't clearly decide who owns the rental property and an exit-plan for it, you may need to involve lawyers.
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What's A Condo?
Summary:
As a new home buyer you have lots of choices as to what type of home to purchase. A condominium, or an apartment that you own, is usually located in an urban center or densely populated suburb. A condo is one choice to consider when you are buying a new home.
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