Buying or selling a condominium or cooperative apartment can be a confusing process. This book makes it easy, giving a step- by-step approach to the process of buying or selling a condominium or cooperative. The author explains the difference between a condominium and a cooperative, weighs the pros and cons of buying against renting (paying particular attention to the financial and tax advantages of owning an apartment), and describes how to deal with real estate brokers, attorneys and bankers. Sellers' concerns are discussed too, such as the tax consequences of the sale, preparing the apartment for the sale, and finding a buyer. Included in the text are many actual questions that the reader should ask of brokers, lawyers, bankers and of the buyer or seller. The book contains actual documents used in the transactions, and explanations of their use.
- ISBN10 0471096172
- ISBN13 9780471096177
- Publish Date 1 August 1983
- Publish Status Out of Print
- Out of Print 15 September 2016
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Paperback
- Pages 326
- Language English