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February 25, 2017

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Feb. 26, 2010

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When you buy a house in an HOA, you are signing up to pay your assessments and follow the rules. As someone that follows the rules and pays every month, I want to make sure my neighbors are doing the same. I definitely don't want to have our assessments raised because other people aren't paying! For those that pay on time, collection company fees should be of no concern. The people getting upset about the fees are investors wanting to make a quick buck by buying foreclosures, or people who didn't follow the rules in the first place. If you buy a house, you're responsible for paying what's owed...that's that. Collection companies are for-profit businesses, so they have to make their money somehow. As long as they're within the law (which it sounds like they are), then they can charge whatever they'd like in my opinion.

(Suggest removal) 2/26/10 at 2:30 p.m.

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