In this economy, many homeowners are having financial hardship and couldn’t afford to pay their mortgage, some of them have home owner association dues to pay every month and it is quite natural that they cannot afford to pay their HOA dues also. This is a common question “Can Home Owner Association foreclose my house if I don’t pay my HOA dues?”
Even though, it is a small amount as compared to the mortgage payment, HOA has the right to foreclose if the homeowners are not paying the dues. Look at the below video where home owner associations are fighting back and foreclosing the houses.
When you are doing short sale and if you are not paying the hoa dues on time, they can put a lien on your house or send it to the collection, which will make it harder to get the approval without settling their dues, so my suggestion would be to pay the HOA dues if possible.
If you are in bay area and would like my assistance in short sale, please contact me at 510-366-9405, I would be happy to assist you and I don’t charge any fees, it is a free service to you. So, give me a call now to see if you qualify for short sale.
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