What’s the difference between condos and coops? This is a question I get so often from home buyers because it’s confusing. A big reason why is because how they are displayed on line. They are jumbled in together under one search category. Buyers almost always see this incorrectly. It’s either all one or almost as a competition – apartment vs condo vs townhome. Neither is right. What’s the difference…
Posts Tagged: co-op apartment
Buying A Fort Lee Co-op
What Is A Co-Op Buying a Fort Lee co-op is different than buying real estate. It helps if you understand what a co-op is. Let’s start with defining real estate. Real estate is real property. It must be one of the following: a single family home, condominium, 1-4 family or land zoned for residential real estate. A co-op is an enterprise. It’s a corporation. Because you’re buying part of a…
