Michael Kirstein
landlord license in Philly?
15 May 2017 | 7 replies
A recent court ruling determined that individually owned condo units that are rented out must also have a CAL which includes all units in the building; this CAL must be obtained by the respective Condominium Association or management corporation."
Sharon Tzib
Houston Housing Stats April 2017
20 May 2017 | 7 replies
http://www.har.com/content/newsroom/Houston Real Estate Highlights in April Single-family home sales rose 3.1 percent year-over-year with 6,583 units sold;Total property sales increased 4.2 percent with 8,014 units sold;Total dollar volume jumped 8.1 percent to $2.2 billion;At $228,000, the single-family home median price rose 4.6 percent to an April high;The single-family home average price climbed 4.7 percent to $291,770, which was also the highest level for an April;Single-family homes months of inventory grew to a 4.0-months supply, the highest level since August 2016;Townhome/condominium sales increased 3.8 percent, with the average price down 0.6 percent to $207,527 and the median price up 8.5 percent to $171,500;Leases of single-family homes soared 14.6 percent with average rent down 4.9 percent to $1,715;Volume of townhome/condominium leases rose 5.9 percent with average rent down 1.1 percent to $1,557.
Christopher L.
Condo to Apartment Conversion
31 May 2019 | 15 replies
You will need to check AZ statutes for termination of condominium, but I've now done it both ways and different markets have different valuations in each conversion, depending on your cycle (buyer's market vs. seller's market,) etc.
Connor Heim
Looking for first deal -- searching tax records
13 June 2017 | 5 replies
I’m interested in possibly purchasing your condominium and wondered if you have considered selling it.I lived in Sarasota many years ago, and my family has been discussing moving back on a part-time basis.
Tim Burke
Washington DC TOPA for formal rental
28 July 2017 | 6 replies
I own a single condominium unit in Washington DC that I previously lived in.
Ryan Alexander
Montreal - Home inspector referrals please!
12 April 2017 | 1 reply
Hello all,First time posting on this forum, and I hope my message is in accordance with etiquette.Can anyone recommend a reputable and thorough home inspector in the Montreal area who would be qualified to offer an opinion on the quality of a foundation in a 60 year old condominium building (41 units).
Sharon Tzib
Houston Housing Stats March 2017
15 April 2017 | 4 replies
Houston Real Estate Highlights in March: Single-family home sales rose 11.7 percent year-over-year with 7.013 units sold, the third consecutive monthly gain of 2017;Total property sales jumped 10.5 percent with 8,495 units sold;Total dollar volume soared 15.7 percent to $2.3 billion;At $227,530, the single-family home median price rose 5.8 percent to a March high;The single-family home average price climbed 4.6 percent to $284,279, which was also the highest level for a March;Single-family homes months of inventory grew to a 3.8-months supply, matching the national level reported by NAR;Townhome/condominium sales increased 7.4 percent, with the average price up 3.4 percent to $200,556 and the median price unchanged at $154,250;Leases of single-family homes rocketed 36.6 percent with average rent down 4.9 percent to $1,647;Volume of townhome/condominium leases surged 37.8 percent with average rent down 5.6 percent to $1,487.http://www.har.com/content/newsroom
Sharon Tzib
May 2017 Houston Housing Stats
13 June 2017 | 0 replies
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
Condo owner expanded their garden unit into common elements
25 May 2017 | 6 replies
@Gonzalo Escobar the association can bring an action or the collection of rents under the Illinois Condominium Property Act.
Richard DeCola
JV with other veterans
6 June 2017 | 8 replies
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.