All mortgage payments or condominium and association fees will be current at Seller's expense at the time of closing.5.Payment of Expenses:If Buyer fails to perform, all loan and sale processing and closing costs incurred, whether the same were to be paid by Seller or Buyer will be the responsibility of the Buyer, with costs deducted from binder deposit.

@Dima DeSimone essentially what this means is that if your rental cap amendment passed with only 67% of the membership's vote (and not 90% which is commonly required to pass amendments related to "USE" of a condominium/community) then this case may enable associations to retract their amendments that were not passed by the proper number of votes.

I own several condominium units and served as President on the Association's Board of Directors for eight years.

That does not mean that there is an "HOA", or "Home Owner's Association", but there will be a Declaration of Condominium on file, as well as monthly assessments.

For comparison, the national inventory is at a 3.9-months supply, according to NAR;Townhome/condominium sales ended seven months of declines with a flat sales volume of 595 units, the average price down 8.4 percent to $203,751 and the median price down 9.0 percent to $163,000;Single-family home rentals surged 12.7 percent with the average rent up less than one percent to at $1,795;Volume of townhome/condominium leases declined 4.4 percent with the average rent up less than one percent to $1,586.

For comparison, the national inventory is at a 3.9-months supply, according to NAR;Townhome/condominium sales ended seven months of declines with a flat sales volume of 595 units, the average price down 8.4 percent to $203,751 and the median price down 9.0 percent to $163,000;Single-family home rentals surged 12.7 percent with the average rent up less than one percent to at $1,795;Volume of townhome/condominium leases declined 4.4 percent with the average rent up less than one percent to $1,586.

I’m looking into start investing in real estate somewhere close to where I live (Redmond, WA) but since I have never bought a property with the purpose of renting it ( the only thing I have ever bought is my house) I wonder if it’s a good idea to start with one of the few 1 bedroom, 1 bathroom condominiums that have recently popped up in downtown Redmond and learn the basics of owning a property and renting it.

Currently, I live with my family in Boston, but I am looking to buy my first property.The Reason I Am Reaching Out:I have identified a newly constructed 3bd/2ba condominium unit, built in partnership with the City of Boston, located in Roxbury. 

I am on my Condo association board and over the weekend we had heavy rains which caused flash flooding here in Colorado Springs. A condo homeowner got some water into her unit and wants the association to pay to clean...

Should you ever decide to convert the place to condominiums, your water infrastructure will be in place.