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Can an HOA Foreclose on Your House?

Can an HOA Foreclose on Your House?

In general, if state laws and your HOA's governing agreements allow foreclosures, a HOA can foreclose on your home. Failure to pay assessments and fees is the most common cause of HOA foreclosures. That means that even if you make all of your mortgage payments on time, if you stop paying assessments, you could lose your property to the HOA.

It's not necessary to be far behind. Even if you owe your HOA merely a few hundred dollars, it might still foreclose on your home. This sort of foreclosure follows the same steps as a lender-caused foreclosure. When a homeowners' association forecloses on your home, it might do so in a judicial or non-judicial manner. A judicial foreclosure, on the other hand, necessitates the filing of a lawsuit and the taking of the case to court, whereas a non-judicial foreclosure does not.

Can an HOA Foreclose on Your House?
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