Saturday, October 04, 2008

Home crisis hampers HOAs | InsideNova.com

Home crisis hampers HOAs | InsideNova.com: "Homeowners' associations got lost somewhere in the shuffle of the home mortgage lending crisis.

No one knows that better than Deby Wine, the president of the Brandy Station Homeowners Association.

The Manassas Park HOA has become a revenue graveyard where many residents pay their quarterly association dues late or don't pay at all, said Win"

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And I wouldn't be expecting a federal HOA bailout anytime soon. The bread line is pretty long right now.

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