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Condo, PUD, Co-op: What's the Difference?

Condo, PUD, Co-op: What's the Difference?

 Condos: 

Walls, floors, and ceilings owned by all residents; HOA dues; covenants, conditions, and restrictions; value depends on the desirability of entire development.

Condo, PUD, Co-op: What's the Difference? Condos: Walls, floors, and ceilings owned by all residents; HOA dues; covenants, conditions, and restrictions; value depends on the desirability of entire development. Planned Unit Development (PUD): Individuals own structure and some land. Co-op: Corporation made up of all tenants; larger units have more power in how building is run; fees for taxes, mortgage, repair, improvement; heavy scrutiny of financial, personal history. Townhome: Not a form of ownership, but a term for an attached row house. Advantages of each: Prices often lower than for single-family home; maintenance minimal or nonexistent; safety in “cluster” environment. Disadvantages: HOA dues; CCRs may be complex. For More Information: Ascot, Atrium I Condominium, Atrium, Baldwin, Bentana Park , Bowman Green , Brandermill, Bristol House Carlton House, Charter Oak, Chestnut Grove, Crippens Corner, Deepwood, Dockside, Edgewater At Town Center Equestrian Park Estates At Wyndham Hills Executive Ii Office Fairway Executive Center Faraday Professional Center Fox Mill Woods Generation Glade At Hunters Woods Glenvale Hampton Pointe Harbor Point Hunt At Lake Fairfax Hunters Crossing, Hunters End,Hunters Green, Hunters Square Hunters Woods Village , Lake Anne Of Reston Lake Fairfax Park Estate, Lakeview, Lincoln Park, Madison Park At West Market Madison Park At West Market, Market Street Town Center Mercer Midtown At Reston Town, Midtown At Reston Town Center Midtown North Nantucket At Reston, North Point Villas Northgate Oak Park Paramount Parcreston, Polo Fields, Reston Savoy At Reston Town Center Shadowood Shaker Woods, Southgate, Stratford Park Home Buyers relocating to Reston - Herndon, If you already live in this area or if you are relocating from somewhere else. Two important things to note: If you live locally and have a home to sell, I am more than willing to give you a free estimate of your home's value. If you are relocating to our area I have an amazing relocation package to send you. Kim Kroner Realtor - Associate Broker Top Producer - NVAR Multi Million Dollar Sales Club Member - Long & Foster Chairman's Club Long & Foster Christie's International kim@kimkroner.com (703) 946-2526 (800) 9611328 www.kimkroner.com 309 Maple Ave W. Vienna, VA 22180 Kim Kroner Realtor - Associate Broker Planned Unit Development (PUD): 

Individuals own structure and some land.

Co-op: 

Corporation made up of all tenants; larger units have more power in how building is run; fees for taxes, mortgage, repair, improvement; heavy scrutiny of financial, personal history.

Townhome: 

Not a form of ownership, but a term for an attached row house.
Advantages of each: Prices often lower than for single-family home; maintenance minimal or nonexistent; safety in “cluster” environment.
Disadvantages: HOA dues; CCRs may be complex.

For More Information:

Ascot, Atrium I Condominium, Atrium, Baldwin, Bentana Park , Bowman Green , Brandermill, Bristol House Carlton House, Charter Oak, Chestnut Grove, Crippens Corner, Deepwood, Dockside, Edgewater At Town Center Equestrian Park Estates At Wyndham Hills Executive Ii Office Fairway Executive Center Faraday Professional Center Fox Mill Woods Generation Glade At Hunters Woods Glenvale Hampton Pointe Harbor Point Hunt At Lake Fairfax Hunters Crossing, Hunters End,Hunters Green, Hunters Square Hunters Woods Village , Lake Anne Of Reston Lake Fairfax Park Estate, Lakeview, Lincoln Park, Madison Park At West Market Madison Park At West Market, Market Street Town Center Mercer Midtown At Reston Town, Midtown At Reston Town Center Midtown North Nantucket At Reston, North Point Villas Northgate Oak Park Paramount Parcreston, Polo Fields, Reston Savoy At Reston Town Center Shadowood Shaker Woods, Southgate, Stratford Park Home Buyers relocating to Reston - Herndon, If you already live in this area or if you are relocating from somewhere else. Two important things to note: If you live locally and have a home to sell, I am more than willing to give you a free estimate of your home's value. If you are relocating to our area I have an amazing relocation package to send you. Kim Kroner Realtor - Associate Broker Top Producer - NVAR Multi Million Dollar Sales Club Member - Long & Foster Chairman's Club Long & Foster Christie's International kim@kimkroner.com (703) 946-2526 (800) 9611328 www.kimkroner.com 309 Maple Ave W. Vienna, VA 22180

Kim Kroner Realtor - Associate Broker


Top Producer - NVAR Multi Million Dollar Sales Club


Member - Long & Foster Chairman's Club

Long & Foster Christie's International


Cell: (703) 946-2526

Direct: (800) 9611328


309 Maple Ave W. Vienna, VA 22180

 

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Location: 309 Maple Ave W, Vienna, VA 22180, USA

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