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Archive Home > 2008 > May > 18 > No safety net for condo owners

No safety net for condo owners

The foreclosure crisis is turning out to be collateral damage for condominiums: What’s suffering most is maintenance

By Christine Haughney / The Bulletin
May 18, 2008

Barbara Sanz has never missed a mortgage payment, but the plunge in real estate is punishing condominium owners like her anyway.

Four years ago, she bought her first condo in a glassy new Miami tower when the building was filling up. Now nearly one in six residents in the 43-story building is....

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