Larry Pound

The first thing I would do is to contact the HOA and ask for a copy of the deed restrictions, and ask the HOA the status of the home. Most HOA's are not in the midset of foreclosing on their members homes unless they are being ignored and mocked, but a lien is is normally filed to assure them that they will be paid when someone tries to sell the property. In a few isolated cases, some HOA's use management companies who routinely attempt to forclose and reap the benefits of the sale and/or fees to settle the debt. Their are two kinds of foreclosure, judicial and non-judicial. If you find that the HOA intends to forclose, you should discuss your options with an attorney. most likely, you can resolve the issue with the HOA. - Thu Jun 26, 2008