Condo associations careful about collecting can weather foreclosures
The foreclosure frenzy hit homeowner associations hard and fast, but they may be better prepared for the future because of it. More than 6.3 million Americans lost their homes to foreclosure between 2006 and 2016, according to real estate data company RealtyTrac. Foreclosure filings have steadily declined since their 2009 peak and are now near pre-recession levels. Read the article……………
Homeowner association (HOA) management companies retained by developers often must balance the competing interests of the developer and the homeowners.
In 2014, more than 10,000 plug-in cars were on the road in New York State. That number is projected to