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The REAL Difference Between Condos And Co-ops, Important Fact You Need To Know About Your Homeowners Insurance, Huge Drop In Investor Purchases Of This Kind Of Property

January 30, 2024 Gerald Lucas

The REAL Difference Between Condos And Co-ops

Real Estate Tip:

Find out if your homeowners insurance uses "actual cash value" method rather than "cost to replace" method to calculate a claim--if so, depreciation will be deducted from your settlement amount, resulting in lower compensation to you in the event of a claim.

Real Estate News:

Investor purchases of US single family homes dropped 29% in 2023.

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Tags Gerald Lucas, real estate tips, real estate strategies, condos, co-ops, board of directors, condominium associations, fee simple ownership, mortgage financing
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