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Abandoning Ship

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"The downturn of the real estate market has led purchasers (like you) to reevaluate their once promising condominium/real estate purchases. If you seek to get out of your purchase of a condominium unit or other real estate purchase, contact us today." That's the message of no-condo.com, which claims to have won its clients back deposits up to $200,000. The Real Deal reports on the outfit: "No-Condo.com's staff lawyers review users' cases for free and, if the lawyers believe the user has a legitimate claim, brings in a law firm to handle the case, Eidelman said. The case analyses are funded by the participating law firms. The law firms themselves are paid only if the attorney collects the client's refund or renegotiates the condo purchase price." [No-Condo; Real Deal]