Foreclosure in 91335>Question Details

nitechild63, Home Owner in Reseda, CA

I live in Lake County Illinois and my house is in Foreclosure. When can I stop paying the HOA fees? The day the house is sold in the Sheriff's

Asked by nitechild63, Reseda, CA Wed May 1, 2013

sale?

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Answers

7
If it goes to sale, the loan servicer will pay the HOA dues that are due and/or past due.

Prior to sale, and depending on how delinquent you might get, the HOA can foreclose. If you aren't paying your mortgage, why pay your HOA?
0 votes Thank Flag Link Mon May 19, 2014
Why do you let your house being foreclosed?
Why not to short sale it?
If your house in Reseda, my team and I would be happy to assist you and answer all your questions. I work on Short Sales with an attorney, but you don't need to pay us anything at all.
Give me a call 310 867 0698 or email: inna@mannnisrealestate.com.

Looking forward to hearing from you!
Inna Ivchenko
Short Sale and Pre-Foreclosure Specialist,
Certified HAFA specialist.
0 votes Thank Flag Link Mon May 19, 2014
I recommend a short sale of the property. Did you know that the short sale will also pay off or settle with the HOA (homeowners association)? So, it's a good option. Feel free to contact me for any questions or if you need assistance.

http://www.Short-Sale-Vs-Foreclosure-Help.com

Sara Mehrpouyan
Rodeo Realty
Direct phone 818-903-2040
Email smehr818@gmail.com
BreLicense#01712757
0 votes Thank Flag Link Tue Dec 17, 2013
Yes. You are responsible until it is auctioned off. Remember, you will get through this. Best of Luck to You!
0 votes Thank Flag Link Wed May 15, 2013
Hi Nite

Prudent to do a Short Sale than a Foreclosure.

Work with the many fine agents writing to you.

Since, you are not paying your mortgage now, then its
time to call a Realtor.

Good luck
Perry
Web Reference: http://www.ruthandperry.com
0 votes Thank Flag Link Sat May 4, 2013
Hi,

I have worked on these since 1990.

Call me or email me and I will give you the best advice I can.

Al Goldberg Broker
800-765-3609
ALYourBroker@yahoo.com
0 votes Thank Flag Link Sat May 4, 2013
Please get a Short Sale going RIGHT NOW, if you would like a referral to someone I Will interview agents in your area, to make sure they have a 95%+ success rate closing short sales, I can find that person for you.

This gets tricky, but if you're at a point where you're a week before D-Day (the Sheriff sale), just watch it & make sure you're paid current for that final month. I don't believe you're paying in arrears for your HOA dues, but you DO NOT want to become late, trust me the HOA will slap HIGH late fees / fines to your account & can come after you After your place sells at auction or reverts to your lien holder.

I don't know what the rules are in Illinois but, here in CA I can get auction dates postponed within even 24hrs prior to an auction sale.

Shoot me an email directly so I can talk to you about this further, you should be doing everything possible to NOT have a foreclosure on your record since your lender is not too interested in giving you a loan modification or they wouldn't have let it get to this point. Lenders are just taking advantage of underwater homeowners who are missing payments.

I don't look back on this same Trulia posting for answers after mine.

Emily S. Knell
EmilyKnell1@yahoo.com
562-430-3053 c
Realtor Since 1996
Realty ONE Group
Short Sale Listing Agent
100% Success Rate in CA
0 votes Thank Flag Link Wed May 1, 2013
LOL. That's comical that you state its the lender that let it get to this point.
Flag Mon May 19, 2014
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