mls online: Why Aren't More Condo & Townhome Associations Preserving their Real Estate Values?
- 01/11/12 09:04 PM
There was some hesitation in choosing to write about this topic until our most recent presentation we made for a local Condo Association in the Twin Cities. We're often invited by Condo and Townhome Associations to present a 'State of the Real Estate Market' presentation specifically associated to the Condo or Townhome association residents. We're also invited in to discuss their position to foreclose or not foreclose on their seemingly destined assets. More often than not, the Association leadership is usually more concerned about appeasing their homeowners (particularly in a down market), than actually preserving or improving the residents ownership interests. (2 comments)