When is the best time to put my house on the market?

Based on my experience, when you HAVE to sell is always the best time to list your house with Lesly Reiter! Every one sells for different reasons. People think the Spring and Summer time are the "best" times to sell your house.

It is convenient to close coinciding with the end of the academic school year. This makes an easy transition for children entering into a classroom. New England weather is more accomodating during thte warmer months. Also, there are more buyers out looking.

But, the Fall and Winter months can also be an excellent time to list your home. There is not as much competition on the market. Better for those houses that are listed!
Typically buyers who are looking during the fall and winter seasons think they might find a bargin. That may happen in some cases, but not all of the time. People who relocate often do not have the pleasure of deciding when they move! Don't forget to watch the interest rates. If they are low, try to take advantage of the rate!


What are the differences between a condominium, a townhouse and a co-op?

A townhouse is a style of construction, whereas condominium and co-op are types of ownership. A townhouse is basically a building or unit that shares a common wall with the building or unit next door. The walls are usually straight and entry is usually from the ground floor. Townhouses usually have two or more stories. A townhouse can be a style of condominium.

A condo is where you own the actual structure of the building jointly with the other members of the association, along with common areas such as swimming pools, tennis courts or other common areas. Individually, you own the airspace and interior of the structure, but not the building itself. You and the other members of the association own the structure together.

A co-op is where you own shares of a corporation or organization that owns the larger structure, and ownership of those shares gives you the right to occupy a specific unit or apartment.