2006-09-11 20:03:41 · 7 answers · asked by HouseHunter 2 in Business & Finance ➔ Renting & Real Estate
A condo is a property that is shared with exclusive rights to each area. (your unit). A co-op is when you have use of your unit, but you actually own a 'share' or percentage of the whole building. These have strict rules often in regards to down payments and some even need to approve each person that wants to buy. A townhouse I think you mean,is just a style of condo. Although it can be single level, generally they are multi-level, have their own entry, and are basically side by side connected homes. There are a lot of variations, but these are the basics. Remember to take note of the wide range of months dues paid for maintanace etc when figuring out what you can afford. good luck!
2006-09-11 20:11:28 · answer #1 · answered by onionheadinvancouver 3 · 0⤊ 0⤋
Condominums are like an apartment, except that you buy it. A townhouse is generally a 2 - 3 story structure and you get an upstairs. Often townhomes will have attached garages as well. Both of course are one of several units in a larger building.
2006-09-12 03:09:53 · answer #2 · answered by Kleineganz 5 · 0⤊ 0⤋
Condos are usually spread out and owned individually. Townhomes usually share walls and are all owned by one entity http://apartments.pghmovers.com
2006-09-12 19:14:32 · answer #3 · answered by pghmover 2 · 0⤊ 0⤋
A towhouse is owned by a red neck and is pulled by a beat up ford truck:)
2006-09-12 03:10:46 · answer #4 · answered by TheExile 2 · 0⤊ 0⤋
a condo is in a building enclosure, usually a one floor unit. a town house can be in a building or separate building, and has two floors
2006-09-12 14:07:28 · answer #5 · answered by churchonthewayseniors 6 · 0⤊ 0⤋
Square footage.
2006-09-12 03:09:13 · answer #6 · answered by kitty fresh & hissin' crew 6 · 0⤊ 0⤋
http://www.deserthomestoday.com/articles/article_30.htm
2006-09-12 11:46:52 · answer #7 · answered by YY 1 · 0⤊ 0⤋