Miller’s building has 39 units – 20 are vacant, foreclosed on after the builder couldn’t sell them. Rogers Park saw 288 foreclosures in 2008, a 157 percent increase from 2007. Eighty percent of those were condominiums. Originally from Community Associations Network National
Renting out empty units may help your community association cope with budget woes caused by owners in foreclosure or delinquency, who do not pay maintenance fees. Originally from Community Associations Network National
The last 12 months have been a very tough ride for the Orange County condo market, especially higher-end condos like the new high-rise product. The theme is short sales and distressed sales are here to say for the near term – Originally from Community Associations Network National
A South Florida condominium converter who was renting out units but ducking his maintenance fees has been ordered to turn over ownership of 15 units to the condo association, plus rent checks that had been improperly collected. Originally from Community Associations Network National
The tragedy revived criticism of city building codes by local fire experts. Marley joined their cause, appealing to both her condominium board and city officials to retrofit her building for sprinklers. Originally from Community Associations Network National
The decision will allow an independent company to collect rents directly from tenants living in Palm Beach Grande condos, bypassing the unit owners. Originally from Community Associations Network National
Residents of the Marylander Condominiums were warned today that they may be evicted if the Washington Suburban Sanitary Commission makes good on its threat to cut water service to the 200 unit complex because the condominium association has run up a huge unpaid water bill. Originally from Community Associations Network National
He calls it a mortgage terminator. He demanded Citibank to foreclose on unit 14 in Martinez’s building. Surprisingly, instead of an 18 month legal fight, Citibank wrote off the debt, and handed the title over. Originally from Community Associations Network National
Copper thieves are raiding a local neighborhood, going from condo to condo stealing copper from air conditioning units. Thieves recently hit a complex in Union Township Originally from Community Associations Network National
A Galveston County couple and a California woman claim a Galveston condominium builder misinformed them about the ability of the Galveston seawall to protect the property from hurricanes. Originally from National Community Associations News
