Lincoln Park

Dues mistake causing foreclosure of home

Posted in: Lincoln Park

We are losing our home to foreclosure because the check we sent in for HOA dues was written for the wrong amount.  The "fees" are now at $3500 for a $150 HOA dues payment.  My husband, our 2 year old son and I will lose our home even though we have never been late on a mortgage payment.  Thank you Lincoln Park HOA!

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  • laird
  • Respected Neighbor
  • USA
  • 54 Posts
  • Respect-O-Meter: Respected Neighbor

I am sorry for your situation and wish that I had been notified by the other Board members. You do however have 180 days from the date of the notice to clear up this matter orlet the process take its course. One way is to purchase the foreclosure back and continue to send in your dues for $140.00 a year. I'm sure you were sent registered mail and signed for it long ago, but failed to respond to it. What ever the reason, there are alternatives to resolving this. I do hate to hear of things like this happening in our subdivision.

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  • l-man
  • Respected Neighbor
  • USA
  • 30 Posts
  • Respect-O-Meter: Respected Neighbor

I would think there is a tad more to this story .? Eh ?

Like you where just $20.00 short and they bounced it up to $3500.00 ?

There  must be more to it . You never knew there was a HOA fee ?

Wazzz up ? Please

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  • 2ford
  • Respected Neighbor
  • San Antonio, TX
  • 12 Posts
  • Respect-O-Meter: Respected Neighbor

I can certainly understand your frustration, but without knowing who you are and the circumstances regarding your account it is hard to comment.  If your payment was not cashed by the Management Company, are you sure it was received? Normally they would just credit the overage to the next year or issue a refund.  Also, how long has this been going on?  For the fees to reach $3500 this must have been going on for some time.

I can say that the normal process is for the Management Company to send several notices of non-payment and then a letter notifying of the release to the attorney by a specified date.  The attorney then makes several (3 to 5) attempts to work things out with the homeowner.  The letters are sent certified mail and the request is to contact their office to resolve the situation.  They even have a process server hand deliver papers to the homeowner when close to foreclosure.

Please contact the Association Attorney, you should have their information, and make arrangements to settle your account.

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