The Element Condos – Converting the Converted

MetroWest Realty is covering a story this week that ought to be of concern to those looking to purchase at condo conversion projects like MetroWest’s The Element where the majority of the inventory is being held by the developer or a bank – or Receiver.

In a very rare move, The Element is reverting back to apartments… officially, meaning that they’re not just renting out the empty units until they can sell them again as condos when the market picks up, they’re actually going to disolve the COA and force current owners to sell.

You can read the full story using the link above.

For the inside scoop on this and other Orlando condo sales, call Orlando’s condo specialists on: 407-290-3408 or email Info@CondoMetropolis.com

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