In other words, if the drainage pipe breaks resulting in water intrusion, responsibility for the damage is assigned depending on where the pipe burst.California's insurance crisis is taking a toll on HOAs.

See savings ans loan crisis in 80s, 2008 crisis, etc.   

I bought my first cabin right before the financial crisis, and that made this look like a birthday party.

Although cost to extend the lock is not horrible.Base of the mortgage crisis, a bunch of new consumer protection laws were put in place making it mich harder for a lender to just chat with you and tell you things.

The PBS show Frontline has run an hour special every 10 years (1997, 2006, 2013) about the retirement crisis facing America.

Why folks are saying that you need to have some additional funds put away is so when (not if) something goes wrong in the property you don’t wind up in a worse financial crisis. 

Hello,I hope you are in a personal crisis and ignorant of the current real estate market pricing.

Disadvantages:Market Volatility: While Dubai has seen remarkable growth, its real estate market can be volatile due to factors like economic downturns and oversupply, as witnessed during the 2008 global financial crisis...

With such things, they will usually offer you some time (we had a case once where it took us a while to find a new bank to refinance shortly after the financial crisis in 2008) before actually foreclosing, but they will eventually pull the trigger and begin foreclosure proceedings.

One nice thing about selling a primary residence (after 2 years of living in it) is the tax free capital gains.I prefer to structure my investments to avoid forced sale - you want to be the one to decide when you sell based on market drivers not cash flow crisis.