The worst housing crisis and economic crash since the Great Depression have created a dangerous financial storm that threatens to destroy thousands of shared ownership communities (condominiums, co-ops and homeowners associations) throughout the United States. Originally from Community Associations Network National
Like Island Escape, many condo associations are starting their own actions to evict owners because of the long delays in bank foreclosures. Originally from Community Associations Network National
Her payments went from 900 to 1700 dollars a month. The reason: her condo association allegedly stopped paying her windstorm insurance, which was previously included in the $370 monthly payments she makes to the association Originally from Community Associations Network National
Peter Baston, a middle-aged consultant with intense blue eyes, hauls out a box of corroded pipes to illustrate whats wrong with the plumbing under Villa de la Paz, the quiet adobe condo complex near the intersection of Agua Fria and Henry Lynch roads. Originally from Community Associations Network National
The actual owners of the building don’t want the designation. The building went condo in 2002, and all of the owners say the historic status would infringe upon their ownership rights. Originally from Community Associations Network National
There may be some movement soon on the request by owners of water-damaged Twin Oak condos to skip what they contend is $40,000 worth of needless safety tests ordered by town building officials Originally from Community Associations Network National
But a place that was once a status symbol for well-to-do African-Americans is a nightmare for some of the people who are living there today. Originally from Community Associations Network National
But the condominium that came with that view has an unexpected and unwelcome additional cost: $850 a month in special assessments for the next five years, to cover the expense of building repairs that were completed late last year. Originally from Community Associations Network National
Residents of a Lilydale condominium complex are requesting that the city help them make $2.5 million in repairs and upgrades. Originally from Community Associations Network National
many people who own condominiums and townhouses are getting reminders of just how much it cost to plow that snow off their streets – in the form of additional assessments. Originally from Community Associations Network National
