A Failure to Pay Assessments Will Negatively Affect Credit Scores and It Is About Time and Long Overdue
Until now, failing to make timely assessment payments could lead to additional charges for late payment fees, interest charges, collection fees, and may even result in the filing of a lien against your property and foreclosure of the recorded lien. However, delinquent assessments rarely show up in the member’s credit report, unless the debt becomes a matter of public record (e.g., an assessment foreclosure) or the debt is reported to the credit bureaus by a collections agency. Read the article…………..
Court Ruling Finds Fannie Mae Does Not Qualify for Safe Harbor Protection from Liability for All Unpaid Assessments in Foreclosure Cases
A recent ruling in Broward County Circuit Court could have significant implications for Fannie Mae and the community associations with
Q: I’m a millennial who just bought a new condominium in Michigan. I’m trying to familiarize myself with current Michigan
As a local homeowner I would like to publicly thank the Ahwatukee Board of Management Homeowners Association board, staff and