What are my options since my property is losing value?
September 26th, 2014 by Questions
I purchased a condo for $279,000 in 2009 with a mortgage insured thru CHMC. Due to significant problems in the construction of these condos my condo fees have more than doubled and my property is now worth $125,000!!!! I am struggling with the idea that I am just throwing good money after bad and struggling to stay afloat to save a worthless property….what are my options? Thank you.
Posted from: Alberta