Unpaid HOA fees boost foreclosure risk
Why is condo board ignoring request for payment plan?
By Benny Kass, Tuesday, March 24, 2009.DEAR BENNY: I am three months behind in my homeowner's association payments. Can the condominium foreclose on my unit? My mortgage payments are up to date, and I called my lender who said no, they cannot foreclose. What do you say?
I wrote a letter to the board asking for a payment plan in January of this year, but no response as of yet. I know I owe the money, but I was sick for a period of time. I am planning to pay the back fees with my taxes. --P.S.
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Copyright 2009 Benny L. Kass
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