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Tag Archives: unpaid

Foreclosure: HOAs Blow Up Mortgages

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Homeowner associations struggle daily with how to pay the bills as more and more HOA fees go unpaid on housing units in or near foreclosure. That means HOA members are left holding the bag for unpaid mortgages in their communities — and end up paying higher fees or getting fewer services.
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Flooding launches a border war, HOA action

Q. Our homeowners association has become involved in an issue between two homeowners related to the natural flow of water from one home into the next.

Homeowner No 2 has put up a 4-inch metal retainer as well as sandbags just inside his property line to keep the water from overflowing into his yard and possibly entering his foundation. This water then backs up into the yard of homeowner No 1, causing puddling and possible entry into his foundation. The HOA board has requested that No.2 remove the retainer and sandbags as specified in the covenants, conditions and restrictions (CCRs), which in essence, forbid them unless first approved. The CCRs further state that with 10 days notice, the HOA may remove obstructions if the owner doesn’t.

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