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Wednesday, October 31, 2007
Condos For Sale

The market for condos for sale in the metro areas is hot considering that this can turn into a rental investment for some people. Others who prefer building a solid second income in real estate believed that renting out condos relieves the owner from paying as the rent pays the amortization. However there are things to be considered before you start shopping on condos for sale as your rental investment. Condo properties are covered by condo associations that may restrict non-owners or renters to occupy the unit. Make sure how play around with your rent, considering that condo fees could change and what if the unit is going to be vacated, who is going to pay for the mortgage?