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Housing Cooperatives

Housing Cooperatives

Posted by on April 19, 2011 · 0 Comment

Housing Cooperatives provide the opportunities to low income people to have their own residence. In housing cooperative, a home buyer does not actually own the property. He is just the shareholder of cooperative. He gets loan from the cooperative to have his own home or apartment. This loan is similar to the mortgage loan.

Filed in: Real Estate
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