Today, condos and co-ops are the two primary options for a person planning to purchase a new house. The selection between a condo vs co-op is a tough one but if planned properly, can lead to a great benefit to the user.
In some cases, a condo has given more profits while in others, co-ops have a better track record. The section is purely personal and to ensure that it is well planned, one should have a clear idea of their core difference and should plan his next action accordingly. In the case of a condo, the owner has full right over the property whereas, in the case of co-ops, no such thing is there. Here, you just own some shares of the corporation that owns the building.
