Fire Damage

Why do you need HO6 insurance if you buy a condo or townhouse?

When you buy a condo or townhouse your association likely has a master insurance policy that covers the whole complex. Although it usually includes coverage for individual units it is typically what is referred to as “walls out” coverage. That means while the exterior of your unit and common areas are covered by the master association policy,.

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House vs Townhouse vs Condo

Wondering whether you should buy a house or a townhouse or a condo? Here are some of the differences to help you decide which is the best fit for you. When you buy a house you own a piece of land and all the structures on in, including the house and garage. Restrictions about what.

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Nicollet Island… the only inhabited natural island on the Mississippi

Minneapolis is filled with natural wonders, including its famous city lakes, Minnehaha Falls, a 3700-year-old quaking bog in a city park about the size of New York City's Central Park, the Mississippi River… and Nicollet Island, the only inhabited natural island on the Mississippi River! Nicollet Island is steeped in history and spirituality. The first.

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Things to be aware of when searching for a condo or townhouse

When you buy a house you can do anything you want with your property as long as you do not violate city, state or federal laws. When you buy a condo or townhouse, however, you buy into a Common Interest Community (CIC) and you must also abide by their laws… which may mean giving up.

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Attract More Tenants – First Impressions are key.

If you are a property manager of an apartment or condo complex the most important thing is keeping the units full. 100% occupancy is your goal. What if your property is in a very young and hip area but what the potential tenant sees upon entry is this:       A tired and worn out.

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Buying a Condo vs Buying a Co-op… association approval

Both condos and co-ops are required to provide legal and financial information to prospective buyers. The big difference is that when you buy a co-op, not only does the buyer have to approve of the association… the co-op must also approve the buyer. Condos and co-ops may look the same, but there is a big.

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Wait before you jump for joy at low association dues

Condo and townhouse association fees can vary greatly from complex to complex, and buyers can get excited when they find a complex with low dues. But before you jump for joy be sure to take a look at what the dues cover… and even more importantly, what they don't cover. Among other things, low association.

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Excelsior and Grand… walkable urban suburban in St. Louis Park

St. Louis Park's Excelsior & Grand is one of my favorite 'walkable' neighborhoods. Located in the southeast corner of St. Louis Park bordering Edina and Minneapolis, this redevelopment has an urban village feel with restaurants, coffee shops and shopping at street level and condos and apartments above. It even features the first Trader Joe's neighborhood.

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How can you tell if a property is a condo or a co-op?

You can't tell whether a property is a condo or a co-op by looking at it. Both condos and co-ops can be old or new… and are both 'apartment units' in a shared building with common spaces and shared amenities. However, the forms of ownership are completely different. When you buy a condo you are buying a.

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