|
Want the most current listing information? Need local real estate advice? Call me: 719-439-3268.
|
Sign Up For My eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
|
|
|
Colorado Springs, Fountain and Falcon Information:
About Colorado Springs - Moving to Colorado Springs, Colorado? Get info here... About Fountain - Moving to Fountain, Colorado? Get info here... About Falcon - Moving to Falcon, Colorado? Get info here... School Reports - Reports for Colorado Springs, Fountain and Falcon schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Colorado Springs, Fountain and Falcon, in El Paso County CO. Go to Main Sitemap - Main sitemap sections include Find Colorado Springs, Fountain and Falcon Homes, For Home Buyers, For Home Sellers, Colorado Springs, Fountain and Falcon Information, Real Estate Resources, and About Lorraine Sayer.
Please Sign Up For The Latest Listings and the Latest Real Estate News
Titles >Holding Title to A Condo With condominiums becoming increasingly popular among today's homebuyers, it is a good time to clarify the terms of ownership that seem to confuse many people. Condo-type residences most commonly fall into two categories - condominiums and townhouses.
A condominium is usually a multi-story structure. Each owner-resident has a deed of ownership for his own unit and owns the space within the unit, but not the land under the structure. Therefore, condo units can be stacked vertically. Condo owners share title to the common areas of the development, including land, exterior of buildings, hallways, roofs and swimming pools -- all areas used by all occupants. Each owner pays property taxes on their unit. Also, a monthly fee is paid to the homeowners' association that is used for managing and maintaining all common areas.
A townhouse, or town home community is usually a series of single- or two-story housing units, each linked to each other horizontally by common walls. Each owner hold title to their unit and the land beneath it, thus these units cannot be stacked vertically. Typically, a townhouse unit will be a two-story residence, with the living area downstairs and bedrooms upstairs. Common areas belonging to the townhouse development are owned jointly. Each townhouse owner pays property taxes and association fees.
|
| Q |
What is the most common street name in the US?
|
| A |
Second Street ranks as the most common street name. First Street is not #1 because many "First" streets are called "Main" Street. |
 See More Real Estate Trivia > |
|
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
