Real Estate Ownership – Condominium or Fee Simple – Autumn Park …
In these developments, the condominium association typically maintains the exterior of the building and common grounds, but not the interiors of the units. An insurance policy is usually held by the association to cover the … read more…
Compare Insurance Quote Now! » Blog Archive » Get A Great …
You?ll also be asked if you want insurance for your home, your condo, a townhouse, a place you rent yourself, or a place you rent to others. This helps the insurance company determine what risks are on the table, as well as coverage … read more…
Newbie question about Condo Conversions in FL – Forum Topic …
Newbie question about Condo Conversions in FL – Hello everyone! I am a somewhat new investor currently residing in Ohio where I bought my first foreclosure home. I am lo… … problem that you can lose more than “everything”. Even if you pay cash, you can end up stuck with huge bills. You can end up with a property that has no demand, sets empty, and still requires you to pay taxes, insurance (very high) and HOA fees. Yes, HOAs are failing because there’s nobody paying. … read more…
From Google Blog Search
A Mortgage Calculator Will Tell The Truth About Interest Only Loans
There’s a lot said on television and in newspapers about interest only loans being a horrible mortgage to acquire. In most cases they are, but they were created for a reason. Some people need an inter… read more…
Reap the Benefits of a Condo Insurance Agent
Unless you study condo insurance religiously every night, chances are you don’t know much about what you should include and what you should leave out of your read more…
Foreclosures 101
Getting Started in Foreclosure Investment
Real estate investing continues to make Americans wealthy, even during the current housing market downturn. In fact, some investors have waited years for th… read more…
From GoArticles.com
Condo group insists on insurance (San Francisco Chronicle)
Q: We own a condo and are in the process of changing property management. The new property management sent us a form to fill out for our condo insurance, policy number, insurance company, policy period, etc. Is it right to give out my policy insurance… read more…
Security of Renters Insurance (KKTV 11 Colorado Springs)
Fires like the one at Stepping Stones Condos Sunday afternoon can be devastating, especially if you’re not insured. read more…
Man Beaten To Death In SW Portland Condo (FOX 12 Oregon)
A man found dead inside a John’s Landing condominium died of blunt force trauma to the head, police say. | Watch FOX 12 Report read more…
Open Question: Homeowners and Condo Insurance – How does this work?
I had some water damage from a storm to my ceiling that I need to get fixed. It looks like i will have to have new insulation and drywall put up. I called my homeowners to assess the damage and they are having the adjuster come out tomorrow. The condo assoc covers up to 5k of damage and will use their internal contracter to do the work. If the damage is above 5k the homeowners will kick in the difference and deduct my $500 for my deductable and I can put that towards the other work I need done that the original condo association won’t cover. The adjuster has my association info to follow up with them after his visit to see what they will cover versus him. My question is if the work is less than 5k and is all covered by my condo association am I responsible for paying my homeowners anything? I’m pretty sure the deductable only kicks in if they cut me a check. I wanted to have a professional adjuster do my check because I don’t want my condo association just to replaster everything because that is what they want to do and not really wants to be done so I wanted to get an itemized list from a professional.
Is a claim offically considered submitted or filed after you have the insurance adjuster come and it is processed? All I did was call my agent and she had the adjuster call me. Is that officially considered to be submitted or is it further down the road? Can I reject what the adjuster claims if I’m not happy and go with a private contracter if I wanted and not follow through with insurance?
Open Question: my car was damaged in indoors private garage, who’s liable ?
I owe a condo and I have an indoors parking spot in a big garage inside the building. A pipe on the roof leaked some acid on my car and damaged some of the car paint. Is the property management liable for the damage? My car insurance doesn’t cover this kind of damage. My car looks bad, and it was a nice car. Who’s liable for this damage ?
Open Question: How does Co op real estate work?
When looking at buying at a new house i found one that said $9500 for a 1 bedrm 1 bath condo. When I called to get information I was told that this was a Co op property and that I would pay the $9500 to the people that are selling it but that the property would not actually be mine. I would be buying stock from the Co op that gives me the right to live there, pending approval from a board of officers of sorts. I would still need to pay $170 a month for insurance, maintenance and trash removal. How would this affect my taxes next year? Do I receive a special tax form to report it? Is this a good idea for a couple that is trying to simplify their lifestyle?
I might be borrowing the money from a relative so we can avoid paying the interest to a bank.
Florida Condo Insurance Policy Advice Posted By: orlandoseo
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Condo group insists on insurance – San Francisco Chronicle
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