Condo buying & ownership made simple : tips to save time and money
[Kay Senay].
[S.l.] : Senay Enterprises, 2008.
  1. Includes index.
  2. "Featuring Kay's exclusive buyer's checklists"--Cover.
The condo owner's answer book : the 250 most common questions about condominium ownership
answered by Beth A. Grimm.
Naperville, Ill. : Sphinx Pub., 2008.
For many people, the first home they purchase is a condominium. The Condo Owner's Answer Book addresses the unique situations that come with buying and owning a condo. It also discusses your rights and responsibilities as a condo owner and as a member of a homeowners' association. The Condo Owner's Answer Book is an authoritative reference, providing sound advice and immediate answers to your most pressing questions.
Ellington Boulevard : a novel in a-flat
Adam Langer.
New York : Spiegel & Grau, 2008.
"Clarinetist Ike Morphy, his dog Herbie Mann, and a pair of pigeons who roost on his air conditioner are about to be evicted from their apartment on West 106th Street, also known as Duke Ellington Boulevard. Ike has never had a lease, just a handshake agreement with the recently deceased landlord; and now that landlord's son stands to make a killing on apartment 2B." "Centering on the fate of one apartment before, during, and after the height of New York's real estate boom, Ellington Boulevard's characters include the Tenant and His Dog; the Landlord, a recovered alcoholic and womanizer who has newly found Judaism and a wife half his age; the Broker, an out-of-work actor whose new profession finally allows him to afford theater tickets he has no time to use; the Broker's New Boyfriend, a second-rate actor who composes a musical about the sale of 2B ("Is there no one I can lien on if this boom goes bust?"). There are also the Buyer, a trusting young editor at a dying cultural magazine, who falls in love with the Tenant; the Buyer's Husband, a disaffected graduate student taken to writing bawdy faux-academic papers; and the Buyer's Husband's Girlfriend, a children's book writer with a tragic past." "Ellington Boulevard is an ode to New York. It's the story of why people come to a city they can't afford, take jobs they despise, sacrifice love, find love, and eventually become the people they never thought they'd be - for better and for worse."--BOOK JACKET.
The complete guide to purchasing a condo, townhouse, or apartment : what smart investors need to know explained simply
Susan Smith Alvis.
Ocala, Fla. : Atlantic Pub. Group, c2007.
Includes bibliographical references (p. [229]) and index.

A popular type of home ownership is the purchase of a condominium. Condominiums come in all styles from luxury high-rises and city lofts to garden homes in the suburbs. 

Owning a condo can provide personal and financial advantages, but it also can mean sharing a wall with neighbors or agreeing when to repaint exteriors. It can be a great opportunity for the first-time homebuyer, the couple about to retire, or the family who wants a vacation home near the beach.

Condominium buyers own, are responsible for, and can decorate the interior air space between the walls, ceiling, and floor of their unit. Each owner, as a member of the condominium's association, also has a shared interest in the management and maintenance of the exterior walls, land, and other common areas.

This shared responsibility means decisions approved by a majority of owners must be followed by all owners. Assessment fees to cover the operating costs of the complex are set by the association and used to complete many repairs and maintenance. The association may decide what can go on windows, patios, or balconies; what are acceptable alterations; or how complaints are filed.

Why a condo?

Extra amenities
Less maintenance
Tax savings
Establish credit

(more advantages of condo living)

Prospective condominium buyers benefit by meeting with members of owners' association and requesting:

  • Budget information, including plans in the current fiscal year for increases in regular monthly assessments or special assessments;
  • A "paid assessment letter" documenting the present unit owner is current with assessments.

Types of home ownership

Fee simple: own all property outright, including building and land.

Condominium: own the unit and have certain rights to common areas.

Co-op: own share(s) in a corporation that owns the real estate along with exclusive rights to a specific unit.

Prospective buyers can learn a lot by walking through the complex and the surrounding neighborhood. Does the complex have the right mix of residents for the way you live? Are the grounds maintained the way you want? Are the walls insulated enough to meet your tolerance level for noise? Are there other home ownership opportunities in the area worth considering? Can you anticipate a good rate of return on your investment?

The decision whether or not to buy a condominium should be an exciting experience. You are investing in your home and your future.

Article by: St. Louis Public Library staff