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Author Question: What unique advantages do co-op and condominium ownership provide to retirees? What will be an ... (Read 25 times)

Pea0909berry

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on: Aug 2, 2018
What unique advantages do co-op and condominium ownership provide to retirees?
 
  What will be an ideal response?

Question 2

What are the risks that real estate developers face?
 
  What will be an ideal response?


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Awesome

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Reply #1 on: Aug 2, 2018
Answer to Question 1

Retirees enjoy the benefits of homeownership without having to worry about maintenance and upkeep of the property. This is left to the co-op committee or the homeowner's association.

Answer to Question 2

Real estate developers face the risk of the unknown or uncontrollable. For example, the ability to acquire the land at a reasonable price, comply with zoning requirements or encountering a contaminated site or anti-development community can all jeopardize a profitable development.


Pea0909berry

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Reply #2 on: Aug 2, 2018
Thanks


Awesome

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Reply #3 on: Aug 2, 2018
Welcome :)


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