Search:
StoriesVideos
Home News 

Story

Homeowner's Associations Raising Fees Due To Foreclosures

Thursday, January 3, 2008

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.

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.

More Headlines

Strange News Photos

From brilliant to bizarre, this 99-photo slideshow captures a variety of strange news. Photos are added often, so prepare to be shocked and amused. Take A Look!

Submit News Video And Photos

Send Us Your Video And Photos!
If you're there when news happens, Eyewitness News wants to know! Send us your video or photographs of news events in the Central Florida area. Use your computer or cell phone, attach them to an email and send it to news@wftv.com.

By submitting photos, you agree to the terms of our license agreeement. READ THE AGREEMENT

Please note the following file requirements:
Video: No larger than 2 MB, mpg, .avi, 3GP
Photos: .Jpg or .Gif, No Larger than 500k

Eyewitness News Tipline
If you see news happening, give us a call. Or send a text to by going to News Tips on WFTV.com on your web-enabled cell phone. You can also email us at news@wftv.com.