Condo owners forced to sell in a deconversion, like it or not

In Chicago, Illinois, 75% of unit owners can force a bulk sale and termination of the condo association. By Deborah Goonan, Independent American Communities   Although the real estate market has improved in some parts of the country, condo sales in some markets have lagged behind. In Chicago, news outlets are reporting the hottest new trend, condo deconversions – the bulk sale of condo units by their individual owners to a real estate investor who … Continue reading Condo owners forced to sell in a deconversion, like it or not