Re: Buying a Condominium
as far as comparing them to houses with land - they're simply valued for what they are. one isn't inherently less valuable on its face.
when looking at condos - in addition to the usual stuff like location, the current market - you need to find out about special assessments (have there been any recently, are there any on the horizon) and you need to know how much cash the association has in reserves.
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