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Loan Modification

: Loan Modification & Home Loan News

Legal fees a major drag on homeowners? associations

By Moe Bedard

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(Source: By Matt Tomsic, Star-News, Wilmington, N.C.) – Oyster Harbour Homeowners Association’s legal fees are destroying the neighborhood or saving it from rule-breakers and freeloaders, depending on who you ask. In 2008 and 2009, the homeowners association spent nearly 20 percent — more than $230,000 — of its budget on legal expenses, according to association [...]

Full post as published by Loan Modification & Home Loan News on January 10, 2011 (boomark / email).

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