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Posted on 12/4/14 at 3:12 pm to guttata
quote:
Seems like HOA could simply put a lien on the lots, that way no one could sell their home/lot until the dues are taken care of
Yep...but if the homeowners aren't selling any time soon, the liens just pile up to no effect. We've got one in our neighborhood who hasn't paid his HOA fees in at least 5 years. House has been scheduled for sheriff's sale at least three times & been pulled each time. I wish the foreclosure would go through and then maybe the SOB would move out & someone will buy & put in some decent landscaping.
Posted on 12/4/14 at 4:20 pm to guttata
quote:
Seems like HOA could simply put a lien on the lots, that way no one could sell their home/lot until the dues are taken care of
At this point (as I was told) so many would have liens and couldn't be sold it would hurt property value. What to do then?
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