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: The Home Equity Theft Reporter

Condo Converter Accused Of Unloading Sub-Par Structure On Unwitting Apartment Buyers As Rampant Unit Foreclosures Now Threaten To Sink 96-Unit Complex

By r morris

In Largo, Florida, The St. Petersburg Times reports:To most people, Brittany's Place in Largo looked no different than the hundreds of other blandly attractive apartment complexes built in Florida in the 1970s and '80s.To four Miami men, it looked like gold.As the condominium boom neared a frenzied peak in 2005, they hit on a plan: buy the 96-unit complex, spend a few thousand dollars per

Full post as published by The Home Equity Theft Reporter on May 22, 2010 (boomark / email).