We were looking in the MLS, and we saw a 2bed, 1bath condo in Redlands, for only $125,000.00!
We were sure there had to be some sort of catch… seemed way too good to be true.
There was… it turns out, its not a condo… its a co-op… I had never even heard of a co-op… but, after doing a little research, I found out that a co-op is usually where you dont actually get a deed on the property like you do on a condo… instead, you get shares to a corporation that owns all the property… it also appears that co-ops are a lot more powerful than a condo board…
if anyone has any helpful info, I would love to hear it 
Mandrake
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