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FORECLOSURES CAUSED BY ECONOMY?
By
Jan Bergemann
Published August 7, 2020
Yes, we will see
foreclosures and evictions in Florida’s community associations.
The Chinese Virus caused the economy minimum partially to
collapse and many families lost their income,
But, make no
mistake: It will be nothing like in 2007/2008 when the economy
and the real estate market totally collapsed. Florida is a
retirement state and a majority of retirees don’t rely on income
from employment. Social security continued paying – so did
annuities – and we seniors even received $ 1,200.00 on top of it
– with less chances to spend the money.
But despite the fact
that Governor Ron DeSantis extended the
Eviction and Foreclosure Moratorium until Sept. 1,
2020 we will see evictions and foreclosures in the Community
associations.
But it will be
important for board members and attorneys/CAMs to use common
sense when dealing with unpaid maintenance dues. Give families
in need time to recover from the effects of COVID-19, without
hitting them with unreasonable collection fees.
We are all in it
together and we should all act accordingly. Board members should
allow reasonable payment plans and not allow attorneys to
quickly add huge legal fees to these unpaid dues.
If we all act
reasonably we should be able to avoid a foreclosure disaster
like we saw twelve years ago.
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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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