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FORECLOSURES! FORECLOSURES?
By
Jan Bergemann
Published July 10, 2020
I guess many of you
still remember the
FORECLOSURE CRISIS in 2007/20078 and I really don’t
think that we might want history to repeat itself.
It was an absolute
disaster and many good property owners suffered serious
financial losses, because associations were totally unprepared
to deal with the sudden loss of revenue caused by unpaid dues.
I don’t think we
will see a similar disaster again, because the failure of many
owners to pay their monthly dues in a timely manner was this
time caused by health issues, not by economic issues, and it
looks like our economy will quickly recover as soon as the
Pandemic is over!
If you are one of
the owners having problems to meet your financial obligation to
your association, please make sure that you stop the foreclosure
intentions of your association in a timely manner. Falling
behind in your dues is bad enough, but having outrageous
attorney fees added to your debts may finally make it impossible
for you to finally pay the unpaid dues, late fees and interest.
Contact your
association as soon as you realize that there might be a problem
with paying your dues. Agree to a reasonable payment plan: It’s
actually in the best interest of both parties: You and the
association!
Remember: There is
really no good legal defense against unpaid dues – absolutely
NONE! And if you wait until the association’s foreclosure
lawyer adds his/her fees to the collection procedures, you will
have to pay multiple times the amount you actually owe in unpaid
dues.
Don’t wait too long:
YOU MAY LOOSE YOUR HOME!
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Jan Bergemann is president of Cyber Citizens For Justice,
Florida
's largest state-wide property owners' advocacy group.
CCFJ works on legislation to help owners living in
community
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associations. He moved to
Florida
in 1995 - hoping to retire. He moved into a HOA, where the
developer cheated the homeowners and used the association dues
for his own purposes. End of retirement!
CCFJ was born in the year 2000, when some owners met in
Tallahassee
- finding out that power is only in numbers. Bergemann was a
member of Governor Jeb Bush's HOA Task force in 2003/2004.
The organization has two websites to inform interested
Florida
homeowners and condo owners:
News Website: http://www.ccfj.net/.
Educational Website: http://www.ccfjfoundation.net/.
We think that only owners can really represent owners, since all
service providers surely have a different interest! We are
trying to create owner-friendly laws, but the best laws are
useless without enforcement. And enforcement is totally lacking
in
Florida
!
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