The Problem with Rentals in Condominiums (and Some Possible Solutions)
There is no question that the Great Recession hit the world of condominiums perhaps harder than any other sector of real estate. Condominium owners were hit with an unprecedented “double whammy,” having to suffer not only the devastating loss of most (if not all) of the equity in their homes, but also the “aftershock” of strict new lending standards (impose by both the government and lenders themselves) that made the purchase of units at many condominiums almost impossible to finance. Part 1….. Part 2…….
As the weather becomes warmer here in Michigan, many homeowners or co-owners undergo the yearly “Spring Cleaning.” Unfortunately, many condominium
One out of every 11 citizens in Michigan is a veteran and may receive benefits from the U.S. Department of
A few years ago, I wrote an article titled “Legal Update: Slip and Fall on the Condominium Premises: Does the