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limited equity condominium |
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limited equity condominium Government-subsidized homeownership of condominiums. Lowincome consumers are allowed to buy such condos at below-market prices with little or no down payment and very low interest rate financing.When ready to sell, they must sell to other qualified low-income consumers, at a predetermined price that takes into account general inflation, but not rapidly increasing real estate prices in the areaHow to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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