Friday, May 8, 2009

Buying Condo Now More Difficult: Fully Research The Complex Before You Buy

When the real estate bubble burst, so too, did the dreams of many speculators who were snatching up and flipping condos like hotcakes. Today, buying a condo can still be a great choice but getting financing for it could be a bit more challenging because some financial institutions are "blacklisting" some condo complexes due to high speculator ownership and dropping prices.
Full Story: http://realtytimes.com/rtpages/20090508_buycondo.htm

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