With condo foreclosures, others feel the pain, too: "When too many condominium owners lose their units to foreclosure, condo associations feel the financial pain.

That's bad news for homeowners and real estate investors who depend on these associations to take care of building maintenance, property insurance, utilities, landscaping and other shared amenities.

While most owners pay their association dues as they are obligated to do, a rising number have fallen behind for various reasons."
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True enough. But the writer then gathers a vast spectrum running from CAI to CAI to CAI. The best quote is from collections-and-foreclosure specialist David Swedelson, who offers this compassionate observation: "If a minority of the homeowners can't afford the assessments, maybe those owners need to find another place to live."