Media real estate PA, Delaware County real estate and West Chester real estate, home listings and homes for sale in Pennsylvania, Short Sale, Active Adult - Marita Donohue, REALTOR® Marita Donohue REALTOR(r) for Media, Delaware County and West Chester, Pennsylvania real estate - NUMBER1EXPERT™ Marita Donohue NUMBER1EXPERT(tm) for Media, Delaware County and West Chester, Pennsylvania real estate, Short Sale, Active Adult
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Marita Donohue, REALTOR®, real estate agent and broker for Media, Delaware County and West Chester Pennsylvania 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
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What are three of the best indicators of real estate market trends?

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Existing home sales, new home building and mortgage interest rates.
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FEATURED PROPERTY
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Outstanding Custom Home in Media
This custom remodeled home, planned by an architect, captures completely what the Sellers had envisioned. It has the exterior charm of a Swiss Chalet, along with the appeal of a gracious farmhouse.
Location: Media, Middletown Township, PA
Price: $795,000 REDUCED $100,000!
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Marita Donohue, REALTOR®, real estate agent and broker for Media, Delaware County and West Chester Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Marita Donohue
Prudential Fox & Roach Realtors

601 E. Baltimore Pike
Media, PA. 19063
610-627-4902
610-566-3000
Fax: 610-566-8664
Email: Marita@MaritaDonohueTeam.com

·Associate Broker
·Full Time Realtor
·CRS (Certified Residential Specialist)
·SRES (Seniors Real Estate Specialist)
·Earned Bachelor's and Master's Degrees
·97% of all my business comes from referrals of past clients
·25 Years Experience
·2003, 2004, 2005, 2006, 2007, 2008 Top of the Rock Award Winner
·Top 1% of all Prudential Agents Nationwide
·Media Marketing Center Office Top Producer for many years
·Numerous Company Production Awards
·In-Depth Knowledge of Schools and Neighborhoods
·Strong negotiating skills
·Team of fully licensed real estate specialists who provide superior customer service
The Marita Donohue Team: Marita Donohue; Team Leader. Suzy Hoyle, Christina Mikus, Theresa Hagman, Jeanne Padula; licensed agents.

CRS SRES REALTOR Equal Housing MLS


Shannon Donohue Real Estate

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