Posts Tagged ‘fees’
Homeowners Association can Foreclose
Question: In our homeowners association in north Phoenix, several “deadbeat” homeowners have not paid their monthly fees for several months and have not paid the special assessment for new roofs. We have written numerous letters to these homeowners, but they are still delinquent. The result is other homeowners have to pay more than their…Read More
Is New Home Safe From HOA Fee Lien?
Question: We lost our Mesa home to foreclosure a year ago. We were almost immediately able to buy from an investor a smaller home in Queen Creek using carryback financing from the investor. The home prices in our Queen Creek subdivision have increased significantly in the past year, and we have approximately $20,000 equity…Read More
Dues Liability Ends With Foreclosure Sale
Question: Our son purchased a condominium in Tempe while he was attending Arizona State University. He has graduated from ASU and taken a job in Los Angeles. The condominium was “underwater,” and the home was sold at a foreclosure sale to an investor several months ago. At the time of the foreclosure sale, my…Read More