Wall Street Journal - As Dues Dry Up, The Neighbors Pay

My Dad called me today and told me to go the Wall Street Journal Website and read this article: 

 As Dues Dry Up, The Neighbors Pay

Great article I have to say.  As my husband and I have been walking our neighborhood expanding our data base, we've noticed a high percentage of the neighborhood is abandoned or foreclosed upon.  We've been wondering about this within our neighborhood.  Does our HOA have enough in the slush fund to cover the dues that are drying up? 

I do know that the City of Chandler is offering rebate programs for HOA's and also individuals to help subsidize some expense.

When looking to buy or sell, or know of anyone that is, please    Let Our Family Help Yours   or would like to read more of our  blog articles  visit      The Lange's online.

C. Lange

 

 
Posted by Michael Lange, e-Pro, GRI and Cheron Lange on 05/13/2008 02:10 PM   Comments (2)    
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2 Comments on Wall Street Journal - As Dues Dry Up, The Neighbors Pay

Yikes.  I never considered that but it is a very real possibility.  Let's just hope that it doesn't hit too hard.  Are there any ways that we can prevent this from happening within our HOA that you know of?

05/16/2008 03:26 PM by Eric Murrietta (Silver State Bank)

In Arizona, I know that each city is working hard to help the HOA's save costs in different areaa.  I suggest you check with your local city government or there web-site, that is where we found out our information.  Scary huh?!

C. Lange

05/16/2008 11:39 PM by Michael Lange, e-Pro, GRI and Cheron Lange (John Hall and Associates)

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Real Estate Agent: Michael Lange, e-Pro, GRI and Cheron Lange (John Hall and Associates)
Michael Lange, e-Pro, GRI and Cheron Lange
Chandler, AZ
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