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Why is a condo conversion cheaper?

 
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stella7



Joined: 21 Feb 2007
Posts: 17

PostPosted: Wed Feb 21, 2007 10:32 am    Post subject: Why is a condo conversion cheaper? Reply with quote

How come a condo conversion in las vegas is cheaper than a single family home or luxury condos?I thought every type of condo is more expensive.I have seen a research stating that if you want to own of these condo conversion,there is no mortgage payment for the first year.So what is this all about?
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