Tag Archives: estimated

5 surprising facts about HOA defaults

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Foreclosures, job losses and the general economic downturn have put the squeeze on the books of a sizeable number of the nation’s estimated 310,000 homeowners associations as residents (and the banks that have seized homes) stop paying their monthly assessments, according to a recent study.
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