Re: Help Stop HOA Madness

Re: Help Stop HOA Madness

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Subject Author Date
Help Stop HOA Madness azotic 05-25-2006


"Subcomandante" <edicorp@sbcglobal.net> wrote in message
news:DTGdg.17546$fb2.14736@newssvr27.news.prodigy.net...
> DG wrote:
>
>> Larry Bud wrote:
>>
>>>That's tough rocks. Why should an HOA have any more power than any
>>>other company that you owe money to?
>>
>>
>> That's a very valid question that I struggle with.
>> If you owe money to the mortgage company, they can take your house.
>> If you owe money for your auto loan, they can take your car.
>> If you owe money to your credit card company, they really cannot do much
>> except take your credit.
>>
>
> Please notice DG, that in you examples above you have put-up your assets
> as collateral in exchange for money to purchase these assets. In essence
> you are legal owner but you don't owe your house, auto or credit card.
>
> In contrast in the HOA you haven't put up your property as collateral.
> The HOAs were simply given power to non-judicially foreclose, which flies
> in the face of all your constitutional rights.
>
> The HOA is the government within the government same as organized crime is
> classified.
>
> You must understand this fundamental difference in order to continue
> engaging in coherent discussion re HOA fraud.
> -Sub
>

In a non-judicial forclosure your constutional rights are violated:

7th amendment
In Suits at common law, where the value in controversy shall exceed twenty
dollars, the right of trial by jury shall be preserved, and no fact tried by
a jury, shall be otherwise re-examined in any Court of the United States,
than according to the rules of the common law.





























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