Article
and Video Courtesy of
WFTV
Channel 9 -- ABC
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ORLANDO
-- Daytona Beach
Published
January 4, 2008
ORANGE
COUNTY, Fla. -- Central
Florida homeowners living in areas with high numbers of
foreclosures may soon pay a hefty price for the slumping
housing market.
Many communities are making homeowners
pay special assessments once or twice a year while others
are increasing homeowner's association fees to cover regular
expenses. The Phillips Landing subdivision in Dr. Phillips
is raising HOA fees by about 15-percent. |
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But some homeowners said it's unfair to force them to
foot the bill.
"They are always going to go up, go up, but I
think it's unfair to have to pay for somebody else's mistakes," said
Mike Wuinones, a homeowner.
Some communities in Central Florida have increased
fees 25-percent this year since owners of foreclosed properties aren't
paying up.
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