What would-be buyers need to know about condos and master-planned communities: With the economy still shaky, many potential home buyers are sitting on the fence, especially when it comes to so-called “common-interest” communities like master-planned communities, condominiums and mixed-use developments. Would-be buyers are worried that they won’t be able to cancel a contract if prices of similar unsold units fall, or that they’ll buy a home in a failing development.
By June Fletcher, April 17, 2009, WSJ Marketplace

Link to article