Do condos and townhomes sell differently than houses?

Condos and townhomes sell through a somewhat different process than single-family houses, since HOA documents, rental restriction rules and sometimes a right of first refusal all come into play before closing can happen. Joel Boss orders HOA resale packages early in these transactions so a buyer's lender has everything needed without delay. Pricing also leans more heavily on recent sales within the same complex than on the broader neighborhood.