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Texas Uniform Planned Community Act
A proposed bill -- this proposed bill not good for homeowners.

HOA FORECLOSURES.1

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This entry was posted on 3/24/2006 3:19 PM and is filed under HOA Foreclosures.1.

Would you want to live in a master-planned community, where you can lose your home through foreclosure?
 

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    • 9/24/2006 10:15 AM Driftwood wrote:
      Harvella,
      Could you rephrase this question? I could certainly expect to lose my home if I failed to pay my lender.
      On the other hand, until I moved into an HOA-controlled community, I never realized that the HOA could make up purely arbitrary "fines," enforce them only against "undesirable" residents, re-characterize assessment payments against written instructions so that the management company and attorneys could extort arbitrary fees under the threat of foreclosure. I think you want to focus on the ability of the HOA to foreclose.
      Reply to this

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