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Co-op/Condo vs. Townhouse
When buying a home in the city, luxury buyers often choose between a co-op/condo and a townhouse, each with unique benefits. NYC consists of 98% co-ops/condos and only 2% townhouses, influencing decision-making. This blog post will explore the key differences to help you decide. Co-ops and condos offer various amenities and a sense of community. In a co-op, buyers purchase shares in a corporation that owns the building, granting them a lease for their unit. Condo owners own their individual units and share common areas with other owners.
How to Choose a Buyer’s Agent!
You are about to embark on what is likely the biggest purchase you have ever made and one that has probably entailed some serious frugality on your part, to save that 20% downpayment. A consummate professional who is there to protect your interests is an absolute necessity. In order to make sure you have the right person on your side requires some effort on your part.
Work with us.
sevierteam@compass.com
(917) 991-5386
110 Fifth Ave, 3rd Floor
New York, NY 10011