Confusion Over Co op Apartment Rules and Differences
A reader asks about buying a cooperative apartment versus a condominium. The answer explains co ops require owning shares in the building and voting rights, while condos grant ownership of a specific unit. It notes FHA regulations protect coop owners and streamline eviction and resale when a tenant defaults.
MENTIONED IN THIS ARTICLE
MR. Campbell
Suich-And
Aboib
Federal Housing Administration
Median home price rise in January 1969 study shows gains
The National Association of Real Estate Boards reports a 1969 January median existing single family home price of 21 080 up 1 360 from 1968 January 19 68 price. Regional medians range from 18 550 in the North Central to 23 320 in the West with sales up 16 4 percent year over year.
MENTIONED IN THIS ARTICLE
National Association of Real Estate Boards
NAREB
Nareb Department of Research
Catherine E. Martini
Department of Research
Prive
Northeast
South
North Central
Transition Property Tax Rise Examined in Hayward
Alameda County plans gradual AB-80 valuation increases to 25 percent of market value with a 1968 base. A 1969 jump shows a 25 percent rise possible on some parcels and homeowners face uncertain tax amounts as budgets and rates change.
MENTIONED IN THIS ARTICLE
Hayward
Alameda County
Herb Way
Southern
South County
California
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