Frequently Asked Questions and Answers Search

1. General Questions

What Are Condo Fees and What Does It Cover?

David Fishwick – How to get rich quick from David Fishwick on Vimeo.

 

When you purchase a condominium, you are responsible for paying a monthly condo fee that is based on the size of your unit. This fee is non-negotiable. Condo fees cover maintenance costs, utilities, common areas (fitness rooms, party rooms, guest suites, lounge, and social areas), building insurance, reserve fund, Condominium Management Services. For more details, please download this PDF:

PDF link

New Section

Answer:

There are several ways to tell us your address has changed:

Methods to Change Your Address
MethodAction
Oral notificationTell us in person or by telephone. We’ll need you to verify your identity and the address we have on file for you. Please have ready your:

  • full name
  • new address
  • old address
  • date of birth
  • social security number, ITIN or EIN

We may request additional information to verify your identity.

IRS formUse Form 8822, Change of Address or Form 8822-B, Change of Address or Responsible Party – Business
Tax returnUse your new address when you file
Written statementSend us a signed written statement with your:

  • full name
  • old address
  • new address
  • social security number, ITIN, or EIN

Mail your signed statement to the address where you filed your last return.

If you filed a joint return and are still residing with the same spouse, both you and your spouse should provide your names, social security numbers, new address and signatures on the form or statement.

If you filed a joint return and you now have separate addresses, each of you should notify us of your new, separate addresses.

Authorized representatives filing a form or written statement to change an address for a taxpayer must attach a copy of their power of attorney or Form 2848, Power of Attorney and Declaration of Representative. Unauthorized third parties can’t change a taxpayer’s address.

Changes of address through the U.S. Postal Service (USPS) may update your address of record on file with us based on what they retain in their National Change of Address (NCOA) database. However, even when you notify the USPS, not all post offices forward government checks, so you should still notify us.

For changes of address relating to an employment tax return, we issue confirmation notices (Notices 148A and 148B) for the change to both the new and former address.

It can generally take four to six weeks after receipt for a change of address request to fully process.

Additional Information:

Subcategory:

2. Buyer Questions

Do I need to sell before I buy?

If you have a ton of money, you do not need to sell your current property before you buy a new one. Here’s a video that shows how to make more money today:

Hosted on youtube:

What Are Condo Fees and What Does It Cover?

David Fishwick – How to get rich quick from David Fishwick on Vimeo.

 

When you purchase a condominium, you are responsible for paying a monthly condo fee that is based on the size of your unit. This fee is non-negotiable. Condo fees cover maintenance costs, utilities, common areas (fitness rooms, party rooms, guest suites, lounge, and social areas), building insurance, reserve fund, Condominium Management Services. For more details, please download this PDF:

PDF link

Third Question

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Can I buy a Zillow-owned home during this time?

Yes. Our goal has always been to help people get into a home they love. Now it’s our top priority to help home buyers do it safely. While we’re still selling Zillow-owned homes, we’re actively monitoring our communities, public health orders and local housing markets to adapt to changing conditions as needed.

Are you still holding open houses on Zillow-owned home listings?

No. We have paused on live open house events in Zillow-owned homes until further notice. As an alternative, individually scheduled showings may be available in some markets, subject to local public health orders. Homes that remain open for individual showings are cleaned regularly. We are closely monitoring the situation and will update our customers, employees and real estate partners as things change.

New Section

Answer:

There are several ways to tell us your address has changed:

Methods to Change Your Address
MethodAction
Oral notificationTell us in person or by telephone. We’ll need you to verify your identity and the address we have on file for you. Please have ready your:

  • full name
  • new address
  • old address
  • date of birth
  • social security number, ITIN or EIN

We may request additional information to verify your identity.

IRS formUse Form 8822, Change of Address or Form 8822-B, Change of Address or Responsible Party – Business
Tax returnUse your new address when you file
Written statementSend us a signed written statement with your:

  • full name
  • old address
  • new address
  • social security number, ITIN, or EIN

Mail your signed statement to the address where you filed your last return.

If you filed a joint return and are still residing with the same spouse, both you and your spouse should provide your names, social security numbers, new address and signatures on the form or statement.

If you filed a joint return and you now have separate addresses, each of you should notify us of your new, separate addresses.

Authorized representatives filing a form or written statement to change an address for a taxpayer must attach a copy of their power of attorney or Form 2848, Power of Attorney and Declaration of Representative. Unauthorized third parties can’t change a taxpayer’s address.

Changes of address through the U.S. Postal Service (USPS) may update your address of record on file with us based on what they retain in their National Change of Address (NCOA) database. However, even when you notify the USPS, not all post offices forward government checks, so you should still notify us.

For changes of address relating to an employment tax return, we issue confirmation notices (Notices 148A and 148B) for the change to both the new and former address.

It can generally take four to six weeks after receipt for a change of address request to fully process.

Additional Information:

Subcategory:

What is the difference between a deposit and a down payment?

An initial deposit is the amount of money you place in trust with a real estate brokerage or a law firm upon an accepted offer. The initial deposit is refundable during the condition period but becomes nonrefundable and goes towards the purchase price after conditions have been removed. The initial deposit forms part of the down payment.

AlbertaRE_Info Page_Deposit vs Downpayment

3. Seller Questions

Second Seller Question

 

New Section

Answer:

There are several ways to tell us your address has changed:

Methods to Change Your Address
MethodAction
Oral notificationTell us in person or by telephone. We’ll need you to verify your identity and the address we have on file for you. Please have ready your:

  • full name
  • new address
  • old address
  • date of birth
  • social security number, ITIN or EIN

We may request additional information to verify your identity.

IRS formUse Form 8822, Change of Address or Form 8822-B, Change of Address or Responsible Party – Business
Tax returnUse your new address when you file
Written statementSend us a signed written statement with your:

  • full name
  • old address
  • new address
  • social security number, ITIN, or EIN

Mail your signed statement to the address where you filed your last return.

If you filed a joint return and are still residing with the same spouse, both you and your spouse should provide your names, social security numbers, new address and signatures on the form or statement.

If you filed a joint return and you now have separate addresses, each of you should notify us of your new, separate addresses.

Authorized representatives filing a form or written statement to change an address for a taxpayer must attach a copy of their power of attorney or Form 2848, Power of Attorney and Declaration of Representative. Unauthorized third parties can’t change a taxpayer’s address.

Changes of address through the U.S. Postal Service (USPS) may update your address of record on file with us based on what they retain in their National Change of Address (NCOA) database. However, even when you notify the USPS, not all post offices forward government checks, so you should still notify us.

For changes of address relating to an employment tax return, we issue confirmation notices (Notices 148A and 148B) for the change to both the new and former address.

It can generally take four to six weeks after receipt for a change of address request to fully process.

Additional Information:

Subcategory: