Expert, localized Los Angeles answers provided by Heather Roy

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Condo Conversion

  We would like to buy a 2 family with friends and then seperate them into condos. How do you calculate percentage of cost before you condo-ize them? What extra costs are there to condo-ize them?
Thanks
 
 

Condominium conversion can be a complicated matter, local regulations differ, and you need to discuss the project with a real estate lawyer.  I'm going to have to pass on this one.

    Edith
Originally published on January 25, 2008
 
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