What Does a Condo Owner Actually Own in Florida?

What Does a Condo Owner Actually Own in Florida?

If you’re like many people searching for homes for sale along 30A, you’ve seen plenty of listings for condos. But if you buy a condo, what do you own? What are you responsible for? Here’s a quick run-down on condo ownership in Florida. What Does a Condo Owner Actually Own in Florida? When you buy a condo, you become a homeowner. As a homeowner, you can build equity in your space – you pay off your lender (unless you purchased the home with cash) until your loan is satisfied and you own the condo outright. So how much of that space do you actually own, and what belongs to other … Continue reading...

Twin Homes vs. Duplexes: Key Differences You Need to Know

Twin Homes vs. Duplexes

When you're looking through 30A real estate listings, depending on your search parameters, you're going to encounter homes listed as duplexes and homes listed as twin homes. But the two are actually different - even though they look the same. Here's what you need to know. Twin Homes vs. Duplexes: Key Differences You Need to Know There are key differences between twin homes and duplexes. Most notably, the difference revolves around ownership. What Are Twin Homes? Twin homes share a center wall and look like one house divided in half - and the halves are typically pretty symmetrical. In … Continue reading...