King5’s condo cover-up report

By on September 23, 2008 in Condo News - Conversions, Real Estate with 3 Comments

In case you missed it, here’s King5’s video report on condo conversion defects, as well as a printed version of the story.

They also posted a list of conversions involved in litigation, eight of which are located within Seattle.

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  1. King 5 Finds Condo Conversions Crumbling | urbnlivn on Seattle condos | September 23, 2008
  1. Jason King says:

    Thank you for posting this video. I think it’s a good eye opener for people buying conversions. People should also be aware that this can happen on “flip” remodels too.

  2. Disaffected says:

    There are definitely bad conversions out there, but you should also be aware that the ispector-attorney racket behind all of the litigation is quite suspicious. The envelope inspector will fluff out the inspection, saying that practically everything is tragically wrong. Associations are persuaded to litigate, usually somewhat successfully because it is really difficult to tell if there is major damage without ripping the facade off. The attorneys make a pile of cash — and guess what, the inspector somehow makes off with some cash too. I’ve heard inside reports of such things, so be aware. If you get a reasonable inspection on a conversion, you’re probably getting a decent deal when compared to the expense of new construction.

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