These two paragraphs from the article linked above sum it up nicely:"From 2009 to today, new construction of single-family homes, condominiums, and apartment units totaled 5.6 million.

Should he buy a 3,000 sq ft house in Oakley, CA for 550,000 or buy a 1,000 sq ft condominium in Walnut Creek, CA for 250,000 and a 2,600 sq ft house in Plumas Lake, CA for 300,000 and rent it out.

We pulled our own comps and submitted them to the appraiser along with a letter explaining why the comps he used originally were not similar properties. 2 properties he originally comped were in a completely different condominium complex and there were 4 already in the complex where our condo was located.

I have been exposed to multi-res, condominiums, commercial, and industrial buildings and am learning a ton about building construction and operation. 

If the roof is the association's responsibility and they fixed it, they really don't need to prove anything to you but that doesn't mean you can't go through their files and locate the invoice yourself.Usually home inspectors don't inspect condominium roofs unless you're referring to an inspection the Association had performed that was given to you in the resale certificate.

Without a doubt, similar to what Teri said, your governing documents will need to mimic any state condominium law and with that said, have an *association* attorney draw up the governing documents.

Here is the exact wording from the FHA guideline:4155.1 6.C.3.d Withdrawn Condominium Approvals If approval of a condominium project has been withdrawn, FHA will insure only streamline refinances without appraisals for that condominium project.

Here’s the dealThe property is a fully entitled condominium development within commute distance of metro Phoenix.

You need to understand what condominium ownership means.

Hi every one, I have recently (with in 3months) bought a 4-unit condominium in a HOA area.