KayakerNC
06-02-2010, 08:33 AM
Communities in crisis, but The Villages....:eclipsee_gold_cup:
"Add These to Your Due Diligence Checklist
The foreclosure and default crisis means that you need to add more items to your due diligence checklist, before you buy:
- Demand to know the number of units that are behind in their HOA dues
- Find out how many units are in foreclosure or default
Run, don�t walk, away if a sizable percentage (10%?) of units are in default, foreclosure, or not paying their dues."
http://www.topretirements.com/blog/active-adult-communities/falling-dominoes-more-condo-owners-threatened-by-neighbors-defaults.html/
"Add These to Your Due Diligence Checklist
The foreclosure and default crisis means that you need to add more items to your due diligence checklist, before you buy:
- Demand to know the number of units that are behind in their HOA dues
- Find out how many units are in foreclosure or default
Run, don�t walk, away if a sizable percentage (10%?) of units are in default, foreclosure, or not paying their dues."
http://www.topretirements.com/blog/active-adult-communities/falling-dominoes-more-condo-owners-threatened-by-neighbors-defaults.html/