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Jean Feegel, Real Estate Pro in Exeter, NH
Jean Feegel answered:
Anyone out there who owns a condex, and uses a master insurance policy, willing to share who you use for i ...
Hi Susan,

I'm sure you have found someone by now, since your post is quite old. However, if in the future you would like to compare rates and policies, give Ron Lemieux, Linewebber ... more
0 votes Share Flag Wed Apr 3, 2013 Home Insurance in Barrington
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
Why do I see so many homes with multiple listings under different mls numbers?
I am not sure what you are seeing, are they new construction? Usually each listing will only have 1 mls listing. The only other difference is homes that can be say a single or a 2 famil ... more
0 votes Share Flag Wed Oct 20, 2010 Home Buying in 08879
Scott A. Nel…,  in 02155
Scott A. Nelson answered:
Made an offer on a Freddie Mac owned condo, theother side of this 2 unit building is being auctioned
You should consult with your mortgage professional to see if it is possible to get funding for this unit. There may be a special circumstance that could allow for it. The mortgage guide ... more
0 votes Share Flag Wed Jul 22, 2009 Home Buying in Norwood
Ken Lambert,  in Exeter, NH
Ken Lambert answered:
Buying condo in 2-fam when other owner is financially distressed?
Hi Trudy- Are you buying with cash? If not, I know the lender would take some of that into consideration. In any event, even if you needed a mortgage, you'd need 20% as a down paymen ... more
0 votes Share Flag Thu Jul 16, 2009 Home Buying in Boston
Dave Osborne, Real Estate Pro in Orange, CA
Dave Osborne answered:
I am looking for a lender that will lend on a 2 unit condex in Corona Del Mar
It can be done but it has to be done a specific way. Contact Jess Mendoza at 714-264-5890. He can help you with it.

Good luck.
0 votes Share Flag Thu Jun 18, 2009 Financing in Orange County
Dane Hahn,  in 34223
Dane Hahn answered:
can you tell me the difference between condo vs. condex in NH for financing purposes?
Hi Betty,

Basically LEGALLY there is no difference, BUT often banks and the FHA draw a difference because they are concerned with the management and the balance of the ownership. If ... more
0 votes Share Flag Thu Jun 23, 2016 Home Buying in 03801
Val Cloutier, Real Estate Pro in Londonderry, NH
Val Cloutier answered:
Should we wait until back from vacation to start the homebuying process?
It's understandable that you don't want to wait--rates are fluctuating each day, and seem to be edging up ever so slightly. At what point are you in the buying process? Are you pre-appr ... more
0 votes Share Flag Fri May 29, 2009 Home Buying in Plaistow
Debra Browne…, Real Estate Pro in Seattle, WA
Debra Brownell answered:
2-unit condo (condex) vs. townhome
Buying any home takes research. This unit is about lifestyle and location. What are the HOD's and what do they cover? Is the construction "green"? Does the location and amenities m ... more
0 votes Share Flag Thu Apr 29, 2010 Home Buying in 98103
Val Cloutier, Real Estate Pro in Londonderry, NH
Val Cloutier answered:
How does a condex in a condex development, compare in selling, to a single family home?
Hi Sabrina

Selling a condex vs. a single family can be, in my experience, just a bit more of a challenge for both Buyer and Seller. The reason for this is that FHA (which is the mos ... more
0 votes Share Flag Mon Mar 30, 2009 Home Selling in Derry
Albe, Home Buyer in 07302
Albe asked:
Price guarantee for new construction We are looking at a newly constructed condex. Both units are similarly priced and we are the first ones to m ...
0 votes Share Flag Sun Mar 16, 2008 Home Buying
Suzanne Damon, Real Estate Pro in Manchester, NH
Suzanne Damon answered:
Is a Master Ins. Policy required for a 2 unit Condex that is only join by 1 fire proof wall in the garage? ...
I can't believe your asking this question. Just last Thursday I was faced with this question on a condex that I have listed in this area. The unit owners have two separate policies and ... more
0 votes Share Flag Mon Mar 24, 2008 Financing in 03815
Val Cloutier, Real Estate Pro in Londonderry, NH
Val Cloutier answered:
what is a condex?
Hi Sean
Most simply put, a condex is a former 2-family home or duplex that has undergone a "condo conversion". This requires changing the deed and legal description of the property. Th ... more
0 votes Share Flag Fri Mar 14, 2014 Home Buying in Derry
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