condo conversion: Condos, Condo Conversions, Condo-Hotels... What is the Difference? - 01/28/11 02:46 PM
This e-mail came from Richard D.
"I am reading your blogs and I do not quite understand the difference between condos, condo conversions, and condo-hotels. Are there safe condos and how to find them?"
Excellent question.
First and foremost: Condominium means ownership. You own the unit plus undivided interest in common areas. All of them have Association fees, Board of Directors, meetings, elections, budget…
As for conversions, they can be either residential (or apartment condominiums) or condo-hotels. All it means that they have been converted from what was not what they are now.
During the boom years a lot of multi-family … (10 comments)

condo conversion: Terrific Buy Or Risking $27,500? - 10/05/08 05:18 PM
Hot market a few years ago marked the era of condo conversions. Apartment complexes were converted to condos at an astounding pace and offers were getting more and more enticing. First discounts, then offers of first year maintenance fee paid by developer, other incentives...
Daytona Beach, overshadowed by Orlando with its billions in conversion sales, had a much slower pace, and the conversion of another riverfront small complex was nothing out of the ordinary. I remember the signs offering the ownership with, I think, $900. Just bring a check and it's yours. Hurry up, grab it. Proud ownership for sale cheap.
Better deal than rent. To rent you need first month … (21 comments)

 
Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices (Daytona Condo Realty, 386-405-4408)

Jon Zolsky, Daytona Beach, FL

Buy Daytona condos for heavenly good prices

Daytona Beach, FL

More about me…

Daytona Condo Realty, 386-405-4408

Address: 119 S Palmetto Ave., Suite 231, Daytona Beach, FL, 32114

Office: (386) 255-5355

Mobile: (386) 405-4408



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