questions@thinkglink.com
TwitterFacebookLinkedinYoutube
ThinkGlink ThinkGlink ThinkGlink ThinkGlink
  • Personal Finance
    • Budgeting, Planning & Family Money
    • Credit & Debt
    • Taxes
    • Insurance
    • Retirement
    • Career
  • Real Estate
    • Buying a House
    • Selling a House
    • Mortgage & Finance
    • Investing
    • Renting or Leasing
    • Book Updates
  • Consumer Advice
    • Auto
    • Health
    • Home Appliances & Services
    • Home Improvement
    • Travel
  • Ask Ilyce
    • Ask a Question
    • About Ilyce
    • Work with Ilyce
  • Best Money Moves
  • Personal Finance
    • Budgeting, Planning & Family Money
    • Credit & Debt
    • Taxes
    • Insurance
    • Retirement
    • Career
  • Real Estate
    • Buying a House
    • Selling a House
    • Mortgage & Finance
    • Investing
    • Renting or Leasing
    • Book Updates
  • Consumer Advice
    • Auto
    • Health
    • Home Appliances & Services
    • Home Improvement
    • Travel
  • Ask Ilyce
    • Ask a Question
    • About Ilyce
    • Work with Ilyce
  • Best Money Moves

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.

  • Permalink

    How HOA Fine Schedules Work

How HOA Fine Schedules Work

By Ilyce Glink| 2020-01-31T12:26:41-06:00 January 31st, 2020|

How HOA fine schedules work. This reader wants to know why the condo association board fined homeowners different amounts for the same violation. Q: Can a condo association charge different fines for exactly the same infraction? Some of us broke the same rule in our association. We took matters into our own hands in making [...]

  • Permalink

    Turn That Music Down! Handling Loud Condo Neighbors

Turn That Music Down! Handling Loud Condo Neighbors

By Ilyce Glink| 2018-06-15T10:34:07-05:00 January 19th, 2018|

Handling loud condo neighbors who refuse to turn the music down and respect condo rules can be difficult. Here are a few steps you may want to consider before seeking legal action. Q: I am a condo owner in a four-unit building in Washington, DC. I believe my fellow condo owners are refusing to enforce [...]

  • what rights do I have as a buyer in my condo association
    Permalink

    Navigating Rules and Rights in Your Condo Association

Navigating Rules and Rights in Your Condo Association

By Ilyce Glink| 2018-06-20T11:33:03-05:00 July 21st, 2017|

A condo association has the right to approve or reject buyers, but as in the case of this buyer, it's important to be aware of your rights. Q: My mother and I are on the same deed since she added me in 2010. She’s still alive and there is no mortgage on the property. The [...]

  • does the condo declarant have to pay fees for units they still own
    Permalink

    Condo Declarant Should Pay Expenses For Units They Own

Condo Declarant Should Pay Expenses For Units They Own

By Ilyce Glink| 2018-06-19T11:29:06-05:00 June 30th, 2017|

When a condo declarant still owns unit in the building, they're responsible for ongoing maintenance expenses in the building. Q: We bought into a condo development five years ago. The condo documents said the declarant didn’t have to follow the condo rules or pay dues on his units until the last unit was sold. We [...]

  • consider when renting your condo 5 things
    Permalink

    Five Things to Consider When Renting Out Your Condo

Five Things to Consider When Renting Out Your Condo

By Guest| 2017-04-27T11:41:59-05:00 November 26th, 2013|

When you bought your condo, did you think it would be the beginning of your real estate investing career? Perhaps you planned to rent it out for a few months while you were vacationing, or maybe you thought that you could one day move into a bigger place and rent out the condo as an [...]

  • Permalink

    Can I Afford a Condo? Is a Condo Right for Me?

Can I Afford a Condo? Is a Condo Right for Me?

By Ilyce Glink| 2018-06-13T11:59:10-05:00 May 31st, 2013|

Can I afford a condo, is a condo right for me? Condos are more affordable than single-family homes, but you have to pay monthly assessments.  Comment: Just read your column in today's paper responding to a question for advice whether to buy a home at age 66 or continue renting. I was surprised you didn't make two [...]

  • Permalink

    Problems Selling Your Condo? How to Deal with Condo Association Issues

Problems Selling Your Condo? How to Deal with Condo Association Issues

By Ilyce Glink| 2018-06-01T10:41:07-05:00 May 11th, 2013|

 Are you having problems selling your condo? Here's how you should deal with condo association repair issues. Q: I recently read a response you wrote to a reader about her building shaking when big trucks go by. I have a similar issue. I live in condominium building in Chicago and there is a dip in [...]

  • insurance claim file neighbor damage condo
    Permalink

    If a Neighbor Damages Your Condo, Who Makes the Insurance Claim?

If a Neighbor Damages Your Condo, Who Makes the Insurance Claim?

By Ilyce Glink| 2017-09-19T15:56:58-05:00 April 22nd, 2013|

You open the door to your condominium after a long day of work, but before you settle in for the night, you notice water dripping from the ceiling and a large discolored spot on your living room carpet. It appears as if a toilet or bathtub belonging to your upstairs neighbor has overflowed, causing damage [...]

  • reserve funds condo requirements
    Permalink

    Reserve Funds for Condos | What Are the Requirements?

Reserve Funds for Condos | What Are the Requirements?

By Ilyce Glink| 2019-11-26T16:00:44-06:00 April 19th, 2013|

Reserve funds for condos: what are the requirements? Mortgage lenders pay closer attention to reserve funds for condos as requirements have increased. Q: In trying to sell a condominium, the buyer was denied a loan due to the fact the condo/management association did not transfer 10 percent into the reserve fund. What are the requirements [...]

  • Permalink

    Real Estate Boom and Bust: Taking a Loss on a Condo

Real Estate Boom and Bust: Taking a Loss on a Condo

By Ilyce Glink| 2018-05-09T09:59:47-05:00 April 12th, 2013|

The real estate boom and bust dropped home values severely. Taking a loss on a condo might be your only option other than to wait. Q: Back in 2005, I purchased a condo with cash for my disabled son to live in. I used an inheritance to buy the condominium, which was located near my [...]

1 2 3 Next
see more posts

Archives

Recent Tweets

Tweets by @Glink

About Us

About Us
Contact Us
Glossary
Privacy Policy/Terms of Use

Related Sites

Newsletter

ThinkGlink Newsletter
© Copyright 2001 - . ThinkGlink, Inc. | All Rights Reserved
TwitterFacebookLinkedinYoutube