how much is a condo

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Pros And Cons Of Buying A Condo - Lots of pros with a few cons What Price Condo Can You Afford on Your Income? Before you step foot in an open house, you need to know how much condo you can afford. For example, if you make $50,000/year, you cannot afford a $300,000 condo, unless you have a secret trust fund.

There are currently 1,056 for sale listings in Fulton County GA zip codes, including condos, bank owned homes, short sales, townhomes, duplexes, land and luxury listings. If you’re looking to rent in Atlanta GA, check out our extensive list of luxury apartments and townhomes. We make it easy to find your dream home by filtering home types.

 · What’s Different About Getting a Condo Mortgage? Buying a condominium is often the choice of people who value convenience. But getting that convenience means you have to put up with a few extra challenges when it comes to qualifying for a condo mortgage.

what is home equity balance Home equity is often an individual’s greatest source of collateral, and the owner can use it to get a home-equity loan, which some call a second mortgage or a home-equity line of credit. Taking.

If you’re planning to sell, the Redfin Estimate can give you an idea how much you’ll get for your home. If you’re house hunting, the Estimate can predict the final sale price for listings you’re interested in. Check out the Redfin Estimate for homes in Atlanta, Austin, Raleigh, Rhode Island, or one of our other 80+ markets across the U.S.

How much of a down payment do you need to buy a condo? How large of a down payment will you need for a mortgage on a condominium? The short answer is 3 percent to 20 percent of your unit’s purchase price, with 10 percent being common for those buyers who must rely on conventional loans to finance their units.

When you think about the cost of buying a house or condo in Tokyo, you might be influenced by a memory of the asset bubble of the late.

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On average, condo insurance costs roughly $100 to $400 per year, according to TrustedChoice, a group of independent insurance agents. However, your exact rates will depend on a variety of factors.

Based on these comps (and a couple dozen like them), I think my condo is worth $510 a sq. ft., absolute worst case, $480. At 980 sq. ft., that gives me a range of $470,000 to $500,000 in value. Redfin and Zillow have relatively similar numbers, with the lowest number I have seen recently coming in.

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