[Virginia Ridgerunner]

Their condo association has already whacked them with a one-time fee of $500 to make up for other homeowners who were foreclosed.

Whut???????????

[Dianna]

Whut???????????

I would guess that the association pays for things like cutting the grass, maintenance for the outside structure, etc. They collect a regular fee from homeowners so that everyone shares the cost.

There may be fewer owners but the grass still needs to be cut, painting needs to be done, etc.

[Hildy]

We’re having that problem where I live. Many bought condos here for investment purposes and now they’re going into foreclosure. They stopped paying HOA dues a long time ago. IT EFFECTS EVERYONE. We are in dire straits.