General Discussion
In reply to the discussion: Kentucky 75-year-old's house seized, sold over $288 unpaid HOA dues [View all]bpj62
(997 posts)Lets not debate whether this women understood or did not understand the notices. The Association forclosed on her property for one very simple reason: She owned the property free and clear. She had no mortgages and her Real Estate Taxes are current. if she had a mortgage on the property then the HOA would not have forclosed because they would be responsible for the payment of the mortgage as a junior or subordinate lien holder. This was a calculated move by the Association. They now own a property that they can sell for value and do what they want with the proceeds. Although I believe that this is a deplorable act it is a perfectly legal way for the association to recover its monies. HOA boards are run mostly by frustrated power hungry people who like to make other people miserable.