Housing Counsel: What if You Are the Only Condo Buyer?by Benny L. Kass
Question: What happens to a person's investment if someone buys one of the first units in a condominium, and the project goes bankrupt, before a significant number have been sold? Could you possibly lose all you invested. This is a concern for people who are retired and can't afford to lose such a significant sum.
To read this article in its entirety go to:
http://realtytimes.com/rtcpages/20061023_onlybuyer.htm
Jim Lubinsky
Re/Max Affiliates
614-766-5330 ext 119
Columbus-Ohio-Condominium.com
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