Kass: As number of rentals in condo building spikes, older unit owner feels pressure to sell

Q:  Our 12-unit building is self-managed and switching back quickly to “rentals” due to foreclosures, death and moving. I have requested financial info for the year and have asked if we have enough to shampoo hallways; I’ve also asked when we will have a condo meeting and have received no response. The woman who is condo board treasurer said her father is buying foreclosures. As the building changes, I can’t afford to move. I’m retired. Is there an option I’m not considering? I owe about what I could get for my condo — leaving little to move or find another place.    Read the Q&A……………..


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