Art of Escrow – Condos? Townhomes? PUD’s? Co-ops? Understanding your choices before you choose!

Are you, like most of us, unclear of whether a property is a Condo, a Townhome or a PUD? And what the heck is a Co-op? When the prices for standard single family homes rises, many are looking into more affordable housing for their first time home ownership attempt. For others, the problems with homeownership are much reduced when the ownership is a condo or a townhouse, and empty nesters and senior citizens might fall in that category. At the end of our session I have a short list of things to watch for, no matter what type of structure it is. That list, I feel, is the most important takeaway that I can give you.