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Harbour Manor Housing Co Op  Form

Harbour Manor Housing Co Op Form

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Video instructions and help with filling out and completing Harbour Manor Housing Co Op Form

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Instructions and help about local guide program

handsome homebuyer here AKA captain permit AKA l to deal matter VL so and today we're gonna talk about a topic that keeps coming up over and over again condos versus co-ops and doesn't make sense to buy either big topics been coming up a lot i wish somebody taught me this ten fifteen twenty years ago the difference between coops and condos and does it make sense to buy one period the truth at least my truth might shock you all right so what's the difference coops coops big thing back in the 80s developer comes in takes a piece of property builds on that property then sells the units now he sells the units but there's an underlying mortgage on the property but then each unit as it gets purchased has an additional mortgage on it right you don't actually own the real property what you own is shares in a corporation so the property itself is held in an entity that has a mortgage on it with me now you then purchased not the unit but shares and essentially you are renting you're purchasing t

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