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All Forum Posts by: Chang Xu

Chang Xu has started 1 posts and replied 4 times.

Post: Condo hostile takeover

Chang XuPosted
  • Gilbert, AZ
  • Posts 4
  • Votes 0

Thanks Tyler. Being as objective as I can is certainly my goal. I am interested in learning from other people's experiences with this, just in case my interpretation of the whole situation is not correct. 

Post: Condo hostile takeover

Chang XuPosted
  • Gilbert, AZ
  • Posts 4
  • Votes 0

Thanks for your reply. I had put significant renovations into the condo and have a great tenant in place, which is unlikely to be reflected thru sale price. Although negotiations to sell might be my only choice....

I’m facing the same issue. Do you mind sharing how you resolved this? 

Post: Condo hostile takeover

Chang XuPosted
  • Gilbert, AZ
  • Posts 4
  • Votes 0

I own a condo in a complex with 150 units. An investor has acquired over 80% of condos in this complex. He has made me an offer for my condo, but I do not want to sell. Based on some research I did online it seems that he may be able to force me to sell? Does anyone have experience with his? 

My situation is similar to the link I post below.

https://www.google.com/amp/amp.abc15.com/2292951710/hostile-takeover-state-law-allows-investors-to-take-homes.html