Once HOAs ruled the roost and took no prisoners when in came to deliquent dues. Some HOAs were notorious for instigating Foreclosure action on back owed dues anywhere from $100.00 and up. Yes one hundred dollars. Can you imagine? Well those days seem to be over with new legislation in California. Now HOAs are much more limited as to when they can start the foreclosure process. These days though there is a bigger picture; growing lender foreclosures. Homeowners who have bad loans and are unable to keep up with payments are walking away from their homes, they stop making payments to their lenders, their taxes and their HOAs. Now the HOA can still file a lein against your home for non payment of HOA dues but with declining home prices these HOAs have little chance of recouping their money. So do these HOAs have other avenues to collect back dues? They do, they can go to small claims court, but will they and have they. Have you recently gone through this situation with a home in an HOA and what was the outcome? Since this will be affecting many people in the near future relay your experiences to help others understand the ramifications.
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