Re: Help Stop HOA Madness

Re: Help Stop HOA Madness

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 Re: Help Stop HOA Madness Larry Bud Reply Send to a Friend   Print
 
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Help Stop HOA Madness azotic 05-25-2006
> Because it's ridiculous that one can foreclose on a $200k+ house for a
> $500 bill.

BTW Rick, if you think that doesn't happen, here's some examples:

http://realtytimes.com/rtcpages/20060104_newlaw.htm

"In one case, a Calaveras County couple's $285,000 home was auctioned
off over $120 in disputed dues. In Northern California, a disabled man,
lost his home for $123, according to the American Homeowners Resource
Center, a San Juan Capistrano, CA public interest information network
for HOA-governed home owners. "



other useful resources:
Government National Mortgage Association - Ginnie Mae
The National Home Equity Mortgage Association
Fannie Mae Mortgage
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