Hello Roxann and thanks for your question.

First, one of the easier liens and foreclosures to stop are those started by a homeowners association. Make a call to the Association Manager on Monday and get the name of the attorney handling the foreclosure. If you can make payment arrangements suitable to the Association, the foreclosure can be stopped and you can keep your home. Otherwise, you will lose your home, and the Association or the new owner (because anyone can purchase your home in a public foreclosure sale) will evict you from the premises.

However, rather than chance this happening to you, take the time now to contact your management company and make arrangements to pay what you owe and keep your home. It can be embarrassing to admit that you've allowed things to escalate to this point, but failing to make that one telephone call can cost you greater hardship and emotional distress in the long run.

Give them a call first thing on Monday and make arrangements to pay your assessments and keep your home!

Sincerely,
Grace Morioka, SRES, e-Pro
Area Pro Realty