What does it mean when a condo is insolvent?

Let’s learn what does it mean when a condo is insolvent. The most accurate or helpful solution is served by Yahoo! Answers.

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What does it mean when the Condo Association is in Bankrupcy?

the realtor said the judge had ordered everyone to pay double condo fees, So instead of $381, its $762. My question is, if I'm interested in buying the condo, what's better that they pay the closing cost of around $4-$5K or that he pays the extra of...

Answer:

Yikes, I would even touch it, the association sounds corrupt. Even if the owner pays it for one year...

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T-girl at Yahoo! Answers Mark as irrelevant Undo

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What does it mean when a condo has been "winterized'?

i went to look at a condo for sale in my area and signs over the house said "warning, this dwelling has been winterized" what the heck does that mean? thanks

Answer:

Things have been done to protect the condo from damage that could be done by winter conditions. In my...

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glenn at Yahoo! Answers Mark as irrelevant Undo

Im looking at purchasing a condo , What does it mean when the HOA is paid for the one year?

Ive always owned my own home. Which I will be using my profit from the house to pay for the condo.

Answer:

HOA is the home owners association...which means that there are rules and restrictions you must follow...

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shari120... at Yahoo! Answers Mark as irrelevant Undo

What do they mean when a condo is listed at only $1800 for instance?

Does it really mean that it will only cost that much to buy? Lol, I just can't believe that!

Answer:

thats per month

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DaveW at Yahoo! Answers Mark as irrelevant Undo

What does lease hold mean in a condo situation?

We are looking at renting a condo in Honolulu Hawaii for a few years while we attend school. When it says Leasehold $389,000 and then under description has condo fee of $824 and a monthly lease rent $292 does that mean you can rent the place for $11...

Answer:

there is a service fee for the development and what used to be called ground rent for actually living...

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Gabby J at Yahoo! Answers Mark as irrelevant Undo

What does "Common Electric" mean in condo associassion fees?

I am in the process of looking at houses/condos to buy. Here is an example of one of the HOA fees and what it covers - 160/ Fees Include: Common Area Taxes Common Electric Lawn-Landscaping Trash-Garbage What is common electric? Does that mean I'm not...

Answer:

It's important you ask your realtor to ask the listing agent this. When some list this, they mean the...

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allhaild... at Yahoo! Answers Mark as irrelevant Undo

What does this mean? A condo?! URGENT!?

Wait, is this WHOLE house for sale? http://www.sawbuck.com/property/Providence_Metro/Newport/9196893-719-Bellevue-Avenue-16 I read it before and i thought it was the whole house! But..it says "condo" for type!! I am freaking out! I loved this...

Answer:

It isn't a house, dude. It's a building. This is an advertisement for one unit in that building. unit...

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Sunshine... at Yahoo! Answers Mark as irrelevant Undo

What does this mean in a condo add?

Hello. Can someone please tell me what the following means? In a local condo ad I read this and I'm not sure of what to make of it. Part of the ad reads: Ownership: Undivided. In addition to that it also includes: Property Style: Undivided Co-Ownership...

Answer:

http://www.todaysseniors.com/pages/Owner… "The precise form of ownership is established...

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Michael at Yahoo! Answers Mark as irrelevant Undo

Answer:

It is the year that the state recognized when the condos are condos and not apartments any more. (So...

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thevoice... at Yahoo! Answers Mark as irrelevant Undo

What does a time share condo rental mean?

What does a time share condo rental mean?

Answer:

A time share in its most basic form is when a whole bunch of people buy a house, condo or other property...

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Julie Smith at Yahoo! Answers Mark as irrelevant Undo

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