Not paying your association fees

locolocal

locolocal

New member
I was looking at the foreclosure listings here:http://www.mypublicnotices.com/OrangeCounty/PublicNotice.asp

and noticed a couple that said YOU ARE IN DEFAULT UNDER A LIEN FOR UNPAID ASSOCIATION ASSESSMENTS. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE.  The amounts were for about $5,000.

Is this a common practice?  Do associations ever end up taking someone's house because they didn't pay their bills?
 
In the Florida case, it's a different story if I read it right.

The homeowner owned the home outright (it doesn't look like a bank held the note) and their law allowed the HOA to foreclose it and the title was stripped and it went to auction where the HOA bid on it.

In cases where the bank is the 1st on a mortgage, I think it would be very hard to the HOA to take possession of the property.
 
uh, except foreclosure law is pretty clear that any amount secured above the amount of the lein reverts to the original owner.

 
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