Can anyone force foreclosure on your property if you don’t pay your HOA dues?

by oliver on September 30, 2010

Question:

Can anyone force foreclosure on your property if you don’t pay your HOA dues?

Answer:

Usually, the HOA would not do such a drastic thing because foreclosure usually depends on your covenants. However, it doesn’t mean that you should take the HOA dues less seriously because it cannot force foreclosure. If you default on your HOA dues, you will still experience adverse effects. They might not be able to foreclose on your property but they can place a lien on your home. If you do not want to add more problems to think about, you should still pay your HOA dues even if your home is undergoing foreclosure processes. Remember that you are still liable for and the fees and property assessments until your lender or the bank completely and formally forecloses your home. You will only be free of the HOA dues and responsibilities once your property is already transferred to a new owner or to the foreclosing lender.

In case you have filed for a bankruptcy in order to avoid foreclosure, it does not mean that the HOA dues are over too. After the discharge or after you have been freed of your mortgage obligations, you will still face the issue regarding HOA dues. So if you do not want to experience the HOA putting a lien on your property, or facing an issue with regards to the HOA dues, you should diligently make your payments diligently until the property is completely foreclosed.

Leave a Comment

Previous post:

Next post: