There is a lot of confusion out there about what a condominium actually is. The word condominium refers to a form of property ownership, not a style of property. However, people often use the term condominium, or condo, to describe an apartment. While an apartment may have condominium ownership, a townhouse, semi-detached (half-duplex), or even detached property could also be in condominium ownership. The following is a breakdown of how condominium ownership works, and what it entails.
Purchasing a home can seem intimidating like a complicated process. However, there are people along the way who can help you. They are your home buying “team.” Mortgage lenders are an essential part of this team. As you start on your journey, read about what every mortgage lender wishes you knew.
Everyone seems to have an opinion about home ownership. But how do you separate the fact from the fiction? Here at Attainable Homes, we’ve found some common misconceptions about home ownership. Don’t let these myths prevent you from fulfilling your dreams of home ownership.
Attainable Homes Calgary Corporation (AHCC) is a nonprofit social enterprise and wholly owned subsidiary of The City of Calgary that delivers well-appointed, entry-level homes for Calgarians who have been caught in the city’s growing housing affordability gap.
Through our Attainable Home Ownership Program, we connect builders, developers, lenders, lawyers and others to bring down the upfront costs of ownership so qualifying Calgarians can buy their very own home with a $2,000 down payment. Furthermore, when you decide to buy an attainable home, you're also choosing to pay it forward to help another family in the future. When you eventually decide to refinance or sell your home on the market, a share of the appreciation goes back into the program to fund more developments that will help even more people get a foot on the property ladder.
Do you aspire to own a home of your own? Contact us today and let us show you just how attainable this milestone can be.