home owners association: Am I still liable for past due HOA dues once my home is foreclosed on? - 04/09/12 02:28 AM
 

 
A foreclosure action will not necessarily remove you from any future liability for the amount owed and I would not recommend conceding to a foreclosure action if at all possible.
It is highly unusual for an HOA to complete a foreclosure action to collect on past due fees when there is a first trust deed against the property. If the HOA forecloses then they become the owner of record subject to any senior liens due against the property. The HOA would be obligated to make your mortgage payment from that point forward. If your home is upside … (1 comments)

 
Diane Wheatley, Broker, SoCal Real Estate Expert (909) 815-4499 (Move Up Properties)

Diane Wheatley

Broker, SoCal Real Estate Expert (909) 815-4499

Rancho Cucamonga, CA

More about me…

Move Up Properties

Address: 2335 Foothill Blvd., Suite 5, Upland, CA, 91786

Office: (909) 981-5400

Mobile: (909) 815-4499

Survived the mortgage meltdown and live to teach others how to buy and sell in the "move up" market in California.



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