Foreclosure in 80128>Question Details

mycobb, Home Owner in Littleton, CO

if your house is in forclosure, do you still pay your hoa fees? If your home is in forclosure, do you still pay your HOA fees

Asked by mycobb, Littleton, CO Mon May 21, 2012

Help the community by answering this question:


Nowadays, the HOA will (many times) foreclose on you before the lender will.....So yes, pay your HOA dues.

With enthusiasm,

Meir Aloni & Team

CRS (Certified Residential Specialist)

CDPE (Certified Distressed Property Expert)

RECS (Real Estate Cyberspace Society)

Successfully selling Broward County since 1986!

Direct phone# 954-338-5220

All Star Realty Inc.
0 votes Thank Flag Link Thu Jan 10, 2013
It is best to pay your HOA fees
0 votes Thank Flag Link Thu Jan 10, 2013

The answer is yes. You still need to pay your HOA dues if your home is in foreclosure. The foreclosure will not eliminate the HOA dues and they will come after you later with interest included and also have the right to file a lien and put it on your credit report. some HOA's include heat and water. You could come home one night with no power, heat or water. Yuck!!

Robert McGuire ASR
Your Castle Real Estate
Direct - 303-669-1246
0 votes Thank Flag Link Sat Dec 29, 2012
Keep my home quickly with foreclosure attacker; foreclosure attacker is the best organization for loan modification and how to save your house. Possible changes include reducing the interest rate, extending the term of the mortgage, adding the arrears to the unpaid principal balance of your loan. Call us at: 1-312-906-7878
0 votes Thank Flag Link Fri Dec 28, 2012
Stop paying if you are going to walk away.
0 votes Thank Flag Link Sat Aug 25, 2012
Check to see what are the reprocussions before you ignore the HOA. I recently had a client in pre-foreclosure stop paying the HOA and they cut off er water. Try living in the house for a month with no way to bath, flush, wash etc. Use caution . . .
0 votes Thank Flag Link Sun May 27, 2012
Some great posted answers. I would just add that the HOA probably can file a lien on the property for past dues & in CO may / will go after homeowner for that debt. Good news, you can do a short sale & bank may (typically seen) pay off HOA lien. If there is no lien applied from HOA, bank may only pay up to six months HOA past dues & HOA can go after homeowner for difference.

Before the sale of property (transfer of ownership), liens will be addressed and paid by bank. However, tax & IRS liens are a different story & you should speak to a CPA or Attorney about those.

Bottom line, if HOA doesn't have their lien filed on your property, the HOA can go after you like a debt collector.

Contact me directly for any questions...I was a former Bank REO / Shortsale Asset Manager representing Chase, Bear Stearns, & HomEq.

-Pat Murray
Realtor, Home Real Estate
Web Reference:
0 votes Thank Flag Link Sun May 27, 2012
Anything that you stop paying on will have repercussions. If you stop paying on your HOA, there is a chance that they will send it to collections and tarnish your credit even further.

I'm a firm believer in short sales - this will not damage your credit nearly as much as a foreclosure. Also with a short sale, you can negotiate with the bank for "payment in full" so that the bank does not come after you for the loss. Long term it is a much better strategy to do a short sale - although you are probably frustrated and just want to throw in the towel.

Let me know if you would like to discuss your options.
0 votes Thank Flag Link Mon May 21, 2012
If a person's home is in foreclosure and that person has stopped paying their mortgage, that person may not get much benefit from paying the HOA fees. In other words, for the person who no longer treats owning that home as a top priority paying the HOA is also likely not a top priority.

Your question raises the "distressed debtor" analysis. The distressed debtor has a different set of priorities than the long term homeowner. The distressed debtor may be more concerned with keeping their family safe than the HOA.
0 votes Thank Flag Link Mon May 21, 2012
You still own the house until the foreclosure process is complete. Keep paying the HOA dues. The HOA is not related to the mortgage.The HOA is an organization of homeowners, just like you, your neighbors, and when a homeowner does not pay the agreed upon HOA dues, the other homeowners suffer.
0 votes Thank Flag Link Mon May 21, 2012
A lawyer must answer this Question. We can not give Legal Advice. Please contact a real Estate Lawyer
0 votes Thank Flag Link Mon May 21, 2012
The HOA can put a lien on your property if you don't pay your HOA dues. Cory is right. There are other options out there besides foreclosure. And....You should contact an attorney to see what your best options are. Realtors are not allowed to give you legal advice.
0 votes Thank Flag Link Mon May 21, 2012
Are you planning to try to save your house from foreclosure by paying the loan so it is current? Check to see if Colo is a recourse state or not to see if the bank can come after you for money over and above what the house sells for at auction. They could add up all the liens that went unpaid as well as the shorted amount unpaid on the loan.
0 votes Thank Flag Link Mon May 21, 2012
As a professional your will never get a recommendation to not pay your bills. It is always recommended to stay up on your payments as they are in your name and your responsibility. You have choices other than foreclosure: talk with your lender, try to get a loan mod or qualify for the HAMP/HAFA programs. Talk to any shortsale qualified (CDPE) Realtor and they can help with this process. Visit… to get some answers to foreclosure questions or to talk with a housing counselor. You DO have options but you have to take the time to explore them. Avoiding foreclosure will make it easier for you to buy a home in the future and help your credit. Good luck! I have some good resources on my website as well.
0 votes Thank Flag Link Mon May 21, 2012
if your home is Foreclosure, your HOA fees are the least of your concern.
0 votes Thank Flag Link Mon May 21, 2012
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