PUD vs. Condo, what’s the difference? » Mortgage Masters Group

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The difference between a PUD townhome and a condominium townhome is that in a PUD, you actually own the land your townhome sits on, and usually a small back and front yard also. In the case of a condominium townhome, all land is commonly owned and maintained.. A Planned Unit Development (PUD.

PUD vs. Condo, what’s the difference? If you are in the real estate business you may have heard the terms PUD and Condo, but if you’re not in the business then these words are probably foreign to you.

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What is the difference between a planned development townhouse community ownership and a Condominium ownership? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

condos vs. houses: the ins and outs of your insurance One of the key differences between home and condo ownership concerns how much of your residence you have to insure. Buying a home means you own and are responsible for the inside and outside of your place, including the land it sits on.

What’s Different About Getting a Condo Mortgage? Buying a condominium is often the choice of people who value convenience. But getting that convenience means you have to put up with a few extra challenges when it comes to qualifying for a condo mortgage.

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What is the difference between a condo, a PUD, and a townhome? Good question. But, first, what the heck is a PUD? A PUD, is a "Planned Unit Development". Which is a fancy schmantzy term for a neighborhood with a master plan. The homes may be attached (which we think of as condos), or detached homes.

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