National: Book Review: ‘Escaping Condo Jail’

HUNTINGTONNEWS.NET:  Book Review: ‘Escaping Condo Jail’: Comprehensive Book Explores Pitfalls of Condominium, Home Owner Association Real Estate with Research, Wit
Reviewed by David M. Kinchen
November 18, 2014
If you have your heart set on buying a condo, cooperative apartment or a single-family house in a planned development, you should read “Escaping Condo Jail: The Keys to Navigating Risk & Surviving Perils of the ‘Carefree’ Community Lifestyle” by Don DeBat and Sara E. Benson (Sarandon Publishing, 624 pages, $24.95, appendixes, index, illustrations by John Michael Downs) before signing on the dotted line.

Both DeBat, a former real estate editor for the Chicago Daily News and the Chicago Sun-Times, and Benson, a real estate agent, have personal experience owning condos. In fact, DeBat emailed me that some of the experiences related in the chapters on “Bully Boards” and thefts by association board members were inspired by Benson’s personal experiences with one of her condos.

In the subtitle, “carefree” is in quotes. What was billed when the  modern form of condominium ownership was born about 50 years ago as  carefree, chic and glamorous isn’t really carefree at all. Steep maintenance fees, restrictions on day-to-day living and limited personal freedoms are three very real costs prospective condominium owners might not have considered. This applies to the many community developments, often gated, that feature single-family houses or town houses. The technical name for such developments is Planned Unit Developments or PUDs. The authors provide a very useful glossary of terms at the end of the book. Read more:

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