Legal Junkies Forums

#1 Community for Legal Questions and Answers

 
Go Back   Legal Junkies Forums > REAL ESTATE and PROPERTY LAW > Buying and Selling Property > Mortgages, Refinancing, Foreclosure

Register FAQ Tags Members List Social Groups Search Today's Posts Mark Forums Read Layout

Notices


Reply

 

Thread Tools Search this Thread Rate Thread Display Modes
Old 01-17-2011, 09:32 PM   #1
Unregistered
Guest
 
Posts: n/a
Default HOA dues on Foreclosure

We are currently going through a foreclosure in the state of Washington with adate of sale on February 4, 2011. We had been paying our HOA dues up until December, and then stopped because we thought the condo would be sold. It has since been delayed and we received notice from our HOA that we owed back HOA dues and if we didn't settle up they would hire an attorney to recoup the funds. Are we responsible until the bank takes possession? What happens if we don't pay the fees. Thank you for your responses.
  Reply With Quote


Did you find this post helpful? Yes | No
Old 01-18-2011, 03:29 AM   #2
AFFA
Top Level Member
 
AFFA's Avatar
 
Join Date: Dec 2009
Posts: 23,035
Default Re: HOA dues on Foreclosure

I wish to inform you that laws of your state laws will govern HOA claims. Generally HOA can have a lien on the condo and in foreclosure sale HOA dues will also be paid. The owner of the premises is liable for HOA dues therefore you are liable till your are owner of the premises. Generally when a home is foreclosed on, all junior liens are wiped out, including liens for unpaid HOA.

AFF
AFFA is offline   Reply With Quote


Did you find this post helpful? Yes | No
Old 07-28-2011, 01:25 AM   #3
KieronM
Junior Member
 
Join Date: Jul 2011
Posts: 1
Default Re: HOA dues on Foreclosure

I have seen this news that talks about foreclosure issues. In the news they have mentioned that an individual's credit reliability is dependent upon lots of variables, most of which could be controlled in one way or another. What state an individual resides in, however, can't be manipulated short of moving somewhere else. A brand new study rates all fifty states in order of their creditworthiness. I think one factor that really affects bad credit is being unemployed because how can you be able to pay all those debts if you don't have money, right?

I found this here:
Study ranks states for creditworthiness
KieronM is offline   Reply With Quote


Did you find this post helpful? Yes | No
Reply

Bookmarks

Tags
None

This thread has 2 replies and has been viewed 3066 times


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:


Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads

Thread Thread Starter Forum Replies Last Post
Lien Sale for Unpaid HOA Dues (CA) EqHOA Other Real Estate Law Matters 5 06-04-2016 11:22 AM
Payment of Dues by Labor court tariq Niazi Other Labor Law Matters 2 07-27-2015 02:33 AM
HOA Keeps Trying to Collect Dues luv410 Debt Collection 3 06-18-2010 12:12 PM
florida foreclosure rescue scams - mortgage payments - foreclosure cases Unregistered Other Real Estate Law Matters 0 03-14-2010 12:09 AM
Unpaid dues from ex - I rented an apt with an ex boyfriend Unregistered Miscellaneous Topics 3 07-02-2009 07:27 PM




All times are GMT -4. The time now is 11:46 AM.


Use of the Forums is subject to our Disclaimer. Copyright 2009-2018 by LegalJunkies.com