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Old 08-13-2008, 10:27 PM
 
9 posts, read 76,119 times
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I was looking at realtor.com and saw some pretty cheap condos in Wildwood, NJ. I'm talking prices as cheap as $75,000. But then I saw that they're co-op. Something tells me that this "co-op" thing is pretty important. Can anyone tell me what it means? Do you share the ownership with another person? Hmm...just curious to know. Thanks!
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Old 08-14-2008, 08:59 AM
 
Location: Highland Creek Area
327 posts, read 1,191,897 times
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As I understand it, co-op is similar to time share. Its becoming more popular in the beach areas because the house prices are so high that people can't buy in on their own. $75,00 might get you a quarter share in the condo or something. Best to call and get the specifics if you're interested.
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Old 08-31-2008, 11:06 PM
 
29 posts, read 59,851 times
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not sure what the co-op is but when looking at condos make sure it's year round. some of the condos are only open april - oct most of the larger older motel to condos are year round and you can get reasonally priced. i believe 225 e wildwood has many 4 sale priced well but don' know much about them

Last edited by jerseygirl318; 08-31-2008 at 11:06 PM.. Reason: put in wrong month
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