Thursday 5 October 2017

Buying A Real Estate Property ?

Residential real estate is divided into multi-family and single-family building arrangement or formation. There are various categories of residential real estate that include:

·        MultiUnit or Attached Buildings: These buildings are of various types, for example,
1.   Apartment: Apartments are built as separate spaces in multi-apartments building.   
2.   Multi-Family Buildings: These are the multi-story buildings in which every floor is an individual apartment.  
3.   Cooperative Buildings: These are the multiple buildings that are owned by a specific cooperative corporation.  


·        Semi-Detached Buildings: These types of buildings are of different kinds, for example,
1.   Duplex: Duplex houses fall under this category that comprises of two units with a common wall.  


·        Detached Buildings: These buildings are built as a part of main house or building which is detached for single families.


Apart from this, an apartment or house can be built can be built according to the requirements. Rates of Residential Real estate decrease and increases according to several factors that include location, size of apartment, condition of property, local and global market.


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