The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (160205)	10/26/2008 3:25:27 PM
From: Jim McMannis	Read Replies (1) of 306849

RE:"The condo complex wife and I live in has 353 units. We received a letter from the association stating that 142 of these units are in Lender Foreclosure. They state that all these people are of course not paying their HOA dues anymore....and many others that are not in actual foreclosure YET are following suit as well. Because of this, and to cover their shortfall, they have slapped us with a 1,700 special assessment due within...get this....2 months. If we pay after 2 months, the amount will be 1,950 and if we wait even more, of course they will tack on even more late fees." Just wait 'til the government tries that. Sounds like a certain candidates tax plan. Sock it to those who can afford...give to those who can't, Prop up government jobs while your at it.

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