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: The Home Equity Theft Reporter

High Cost Of Maintenance Has Struggling HOAs Looking Into Unloading Private Streets Onto Cities

By r morris

In Riverside County, California, The Press Enterprise reports:A Corona homeowners association has made a simple plea to the city: Take our street. Parkview Estates' struggle to come up with more than $10,000 a year to maintain the private 2 ½-block Ruth Circle that runs through its modest 17-home tract is symbolic of trouble faced by homeowners associations everywhere: They are losing hundreds of

Full post as published by The Home Equity Theft Reporter on August 15, 2009 (boomark / email).