m=6&y=17&utm_source=HAR%2FMLS+Master+List&utm_campaign=45fa61a732-January+2017+MLS+Release&utm_medium=email&utm_term=0_5c0a7c027d-45fa61a732-252424337Houston Real Estate Highlights in May: Single-family home sales rose 11.5 percent year-over-year with 8,156 units sold;Total property sales increased 12.3 percent with 9,744 units sold;Total dollar volume jumped 17.4 percent to $2.8 billion;The single-family home median price rose 4.4 percent to a record high of $235,000;The single-family home average price climbed 4.3 percent to $302,362, which was the second highest level of all time (highest was $302,629 in June 2015);Single-family homes months of inventory grew to a 4.1-months supply, the highest level since November 2012;Townhome/condominium sales surged 16.5 percent, with the average price up 3.1 percent to $206,363 and the median price up 0.9 percent to $163,500;Leases of single-family homes soared 31.0 percent with average rent down 4.2 percent to $1,779;Volume of townhome/condominium leases rocketed 46.2 percent with average rent down 6.7 percent to $1,565.

@Gonzalo Escobar the association can bring an action or the collection of rents under the Illinois Condominium Property Act.

Here's more on this from the  VA Lender's Handbook with regard to the eligible purposes for a VA loan: To purchase or construct a residence, including a condominium unit to be owned and occupied by the veteran as a home: − the loan may include simultaneous purchase of the land on which the residence is situated or will be situated, − loans may also be guaranteed for the construction of a residence on land already owned by the veteran (a portion of the loan may be used to refinance a purchase money mortgage or sales contract for the purchase of the land, subject to reasonable value requirements), and − the residential property may not consist of more than four family units and one business unit except in the case of certain joint loans.

This list would contain the zip code and corresponding name of the municipality, and a breakdown of the number of SFRs, Townhouses, and Condominiums.

If you live in a condominium, single-family home, or townhome that is part of a common interest community in Illinois, you are most likely responsible for paying dues and assessments to a condominium association (COA) or homeowners’ association (HOA).

Here is a condo property that I may be interested in investing out-of-state (Denver, CO). To fund this deal, I have decided to use HELOC on a fixed rate of 2.42% for 12 months. Closing cost waived. After that it will ...

http://www.grec.state.ga.us/infobase/tableofcontents/chapter57.htmlGCA and POAA state that association’s automatic, statutory lien is superior to all other liens on the condominium unit or lot except: A lien for ad valorem taxes on the condominium unit or lotThe lien of any first priority mortgage on the condominium unit or lot; The lien of any mortgage recorded before the declaration was recordedA lessor’s lienThe lien of any secondary purchase money mortgage on the condominium unit or lot if the secondary purchase money mortgage holder or his/her grantee was not the seller of the condominium unit or lot to the then owner

Husband and I own and rent out two one-bedroom condominiums, but because we bought for the purpose of living in, we never evaluated their investment value.

. ¨ 1-4 Family Rider¨ Biweekly Payment Rider______________¨Balloon Rider¨ Planned Unit Development Rider¨Other(s) [specify]¨Adjustable Rate Rider¨ Condominium Rider¨ Second Home Rider(H)“Riders” means all Riders to this Security Instrument that are executed by Borrower.The following Riders are to be executed by Borrower [check box as applicable]:(G)“Loan” means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest.

Hi,So I own 4 out of 6 units in this particular condominium.