Tag: risk of condo ownership
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What makes a condo warrantable vs. non-warrantable?
Reader Question: I am trying to learn what makes a condo warrantable vs. non-warrantable. Can you help me? Jonathan D. Monty’s Answer: The answer is that condominium, co-op and planned unit development (PUD) projects with particular attributes can be riskier than other types of development projects. The United States Department of Housing and Urban…