Athens, Clarke County and Oconee County real estate and homes for sale in Georgia, foreclosures and bank owned properties - Susan Pace Mosley, REALTORS® Susan Pace Mosley REALTORS(r) for Athens, Clarke County and Oconee County, Georgia real estate, foreclosures and bank owned properties - NUMBER1EXPERTS™ Susan Pace Mosley NUMBER1EXPERTS(tm) for Athens, Clarke County and Oconee County, Georgia real estate, foreclosures and bank owned properties

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Susan Pace Mosley, REALTOR®, real estate agents and broker for Athens, Clarke County and Oconee County Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Titles >Holding Title to A Condo

With condominiums becoming increasingly popular among today's homebuyers, it is a good time to clarify the terms of ownership that seem to confuse many people. Condo-type residences most commonly fall into two categories - condominiums and townhouses.

A condominium is usually a multi-story structure. Each owner-resident has a deed of ownership for his own unit and owns the space within the unit, but not the land under the structure. Therefore, condo units can be stacked vertically. Condo owners share title to the common areas of the development, including land, exterior of buildings, hallways, roofs and swimming pools -- all areas used by all occupants. Each owner pays property taxes on their unit. Also, a monthly fee is paid to the homeowners' association that is used for managing and maintaining all common areas.

A townhouse, or town home community is usually a series of single- or two-story housing units, each linked to each other horizontally by common walls. Each owner hold title to their unit and the land beneath it, thus these units cannot be stacked vertically. Typically, a townhouse unit will be a two-story residence, with the living area downstairs and bedrooms upstairs. Common areas belonging to the townhouse development are owned jointly. Each townhouse owner pays property taxes and association fees.

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Real Estate Trivia
Q 
What U.S. state is home to the world's richest woman?

A 
Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas.
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Susan Pace Mosley, REALTOR®, real estate agents and broker for Athens, Clarke County and Oconee County Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

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3651 Mars Hill Road, Suite 900B
Watkinsville, GA 30677
Susan's Direct Line: 706-215-4847
Office: 770-725-0533
Fax: 678-623-5786
Susan's Email: susan@susanmosley.com

If you don't know Susan yet then this statement should give you the idea: "I guarantee your complete satisfaction with my services or I will return our commission." That's an extraordinary promise. But then Susan has always been an extraordinarily committed person. Just call or contact he by e-mail today and you will find out for yourself!

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