0
When you buy a co-op, you buy shares in a corporation and are assigned a space. Some lenders are leery of this style of real estate ownership, and will not grant a mortgage for such an option.
A condominium buyer purchases an individual unit, plus ownership in all the real estate assets owned in common with all other owners. These may include the buildings, parking lots, landscape assets, Golf course, pool, club house and whatever other amenities owned by the condominium association. Because clear title can be held to a condominium unit, lenders are more likely to grant a mortgage to purchase one.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the difference between co-executor and independent co executor?
What is the difference between an independent co-executor and a co-executor
What is the difference between Inc and Co Ltd?
No difference
What is the difference between ltd and co ltd?
YES
When was Minicomic Co-ops created?
Minicomic Co-ops was created in 1968.
Whart is the difference between co factors and co enzymes?
co factor helps the factor in reaction and co enzyme helps the enzyme only
What is the difference between co and .co .in?
.com meant for Commercial .co.in - .co -> commerical .in -> India actually .co.in refers to Country name...
What is the difference between the materials Co and CO in chemistry?
Co is an element- Cobalt. CO is a compound of two elements- Carbon and Oxygen. Better known as Carbon Monoxide.
What is the difference between direct acting and indirect acting cholinergic drugs?
co
Difference between decca and coop high school courses?
what is different between school and co-op
Is there a difference between a J. Stevens Arms Co. and a J. Stevens Arms Company?
no Co. is an abbreviation for company But there are differences between: * J. Stevens and Co. * J. Stevens Arms and Tool Co. * J. Stevens Arms Co. * Stevens and * Stevens - Savage
What is the difference between items stamped Goodwin CO and The Goodwin Co?
Depending on the product the name is the same. Goodwin Company is a trade mark name and is well known.There is no known difference in labeling the only difference is the product.
Where is co-op mode on black ops?
There is no co-op mode like Modern Warfare 2's Spec-Ops mode In Black ops, the Zombies mode is considered as the co-op mode.
