Taxes, ownership, financing and more
Many buyers shy away from co-op properties...for a number of reasons. One of them is the property assessment; it looks,at first view, to be double or triple a condo assessment. Next
DoThe Difference between Condos and Coopswnload eBook |
is ownership--you don't really own a co-op, you own shares in the building. And one of the biggest reasons is that many agents don't know or understand the differences between condos and co-ops, so many buyers don't get the full scoop.
Here is an eBook I've written to help you learn a little co-op history in Chicago as well as the basic differences to condos.
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