HOA ‘Super-Priority’ Liens Would Hurt Consumers, American Banking Assn Warns
ABA and several other trade groups yesterday released a statement of principles on “super-priority” liens placed by homeowner associations that in some states have been recognized as senior even to claims by first-lien mortgage holders. The principles come in response to cases in states like Nevada, where courts have allowed HOAs to foreclose on homes when HOA dues are in arrears, extinguish the first-lien mortgage, and sell homes for a fraction of their value. Read the article……….
I live in a small rural community of about 130 homes built in a pine forest. The community, like many
A vote for Proposition 206 is a vote to increase your Home Owner’s Association (HOA) dues by five to 10
After crashing in the financial collapse, timeshare sales are rising again, and with them high-pressure sales practices such as those