Written on September 12, 2015 by Beth Grimm
So, this blog is about options you have, and your Association has, if you have become seriously behind in making homeowner assessment payments. You might ask this: “I owe a whole bunch of money to my HOA. What will happen if i ignore the debt and only pay the current assessments?”
The answer is “Yes, they probably can foreclose.” This assumes the CC&Rs for the Association allow foreclosure as an option, which they generally do, and that all proper steps were followed. The named firm is likely to know and follow proper protocol.