Because of the rapid growth of the apartment-to-condo expenditures, nearly 350%, oversaturated condo markets may soon be noticed. Even though this is not good news for the lenders, it doesn’t help the buyer if he or she will eventually want to put it back on the market. Advice is given to the lenders at nreionline.com, but shouldn’t us, the buyers, learn from it as well?
Think Twice Before Buying a Condo Converted Apartment
By myuc Friday August 5, 2005
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