Financial crisis hits condo associations

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Watch out for HOA's, do your due diligence!

Amy Hoak's Home Economics Financial crisis hits condo associations Last Update: 12:01 AM ET Sep 8, 2010 People often buy a condo unit partly because they don't need to worry about cutting the lawn or fixing the roof -- their condo association takes care of maintenance and repairs for them, with those services paid through homeowner assessments each month. At least, that's the way it's supposed to work. ...Read the rest of the story
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