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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (57900)7/18/2006 2:57:11 AM
From: John VosillaRead Replies (1) of 306849
 
Elroy also in many jurisdictions HOA liens for back due assessments get wiped out in a foreclosure by the bank. Yes it does all seem to be much better for the community once the foreclosures are done, deep pocket banks upgrade the interior and help fund any special assessments and the association can collect dues on a monthly basis again on all the units.
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