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When Owners Don’t Pay: HOA Boards Struggle to Make Ends Meet

/ Owner - November 15, 2012

Nothing remained in the New Jersey townhome after the owner, exasperated and struggling, financially picked up and left. And took everything with him. “Not only did he walk away, but he gutted his house,” says Joseph J. Balzamo, a president at Alliance Property Management LLC in Morristown. “He took the appliances, he took the electric, took the counter top, took the wiring, took the plumbing, took everything. It was a townhome, so nobody saw this from the outside. He took everything out of his house so it was just a box.”  Read More……

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