Yvette Hitchens & The Hitchens Team
Keller Williams Pacific Estates

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Condo, PUD, Co-op: What's the Difference?

Condo, PUD, Co-op: What's the Difference? Condos: Walls, floors, and ceilings owned by all residents; HOA dues; covenants, conditions, and restrictions; value depends on the desirability of entire development. Planned Unit Development (PUD): Individuals own structure and some land. Co-op: Corporation made up of all tenants; larger units have more power in how building is run; fees for taxes, mortgage, repair, improvement; heavy scrutiny of financial, personal history. Townhome: Not a form of ownership, but a term for an attached row house. Advantages of each: Prices often lower than for single-family home; maintenance minimal or nonexistent; safety in “cluster” environment.  Also, …
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Yvette Hitchens & The Hitchens Team

Keller Williams Pacific Estates
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Based on information from California Regional Multiple Listing Service, Inc. as of Aug 10, 2020 3:18:pm. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.