Showing posts with label 1701 kalorama lofts. Show all posts
Showing posts with label 1701 kalorama lofts. Show all posts

Thursday, May 8, 2008

One Condo Investor's Experience at Delancy Lofts: Follow-up to "The Condominium Owner's Dilemma, Sell, Rent, Foreclose"



One condo investors experience, as mentioned in the Washington Post this past Sunday in the real estate section, George Gozen has seen better days in the real estate market. This is his experience. One of his two investments was in Delancy Lofts at 1701 Kalorama in Adams Morgan.

Sunday, May 4, 2008

The Condominium Owner's Dilemma, Sell, Rent, Foreclose



Based on an article published by the Washington Post on Saturday, May 3rd, 2008, the question is 'Do owners who can't sell & have to pay a penalty for renting take foreclosure as an option?

What would you do if you had to sell but couldn't rent out your unit due to condo association regulations?

This example comes from the Delancy Lofts in Adams Morgan.