Tuesday, December 30, 2008

Foreclosure isn't just for lenders these days | Lynchburg News Advance

Foreclosure isn't just for lenders these days | Lynchburg News Advance: "TAMPA - Donna White never thought she’d lead the charge to foreclose on her neighbors.

But that was before she was forced to fork over extra cash every month to cover bills they refused to pay.

At one point, 60 percent of the 242 owners at Kings Lake Townhomes in Gibsonton weren’t paying their monthly $194 town home association fee."

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It never was just for lenders, but finally the press is catching on to how many HOA and condo foreclosures there are.

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