#HOA sells Port Orange family's home over $2K debt https://t.co/sQizyXqru7 — Ward Lucas (@Ward_Lucas) January 21, 2016 # Foreclosure  | Defined According to reports found in the 'social current see' of our times, the foreclosure process for common interest developments (aka HOAs) is rare but devastating for homeowners caught in that vice.  Often, it seems, that the nightmare is over some trivial sum in relation to the real property value.  The case detailed above clearly suggests that when any homeowner is caught in this type of legal quagmire, the first rule is to find and hire a good property rights attorney to help make the appeal for alternative resolution. Tweets about HOA foreclosure

The last thing any homeowner wishes to happen is foreclosure on his home.  For sure, that problem is one of the worst financial disasters for any homeowner, but it is also a disaster for lenders, notably so if the dwelling is located within an HOA.  Typically, HOAs have been in a privileged position on foreclosures, that is, they stand at the front of the line before banks and mortgage lenders due to a lot of reasons.  But the world may be changing when some states (like Nevada) change the game. Flip②▶ STORIFY ♥ FLIPBOARD ★ BLOGGER ▲ ALTACITIES © Now with 1,000+ followers on http://socialcurrent see.com [ View the story "NV court rules on HOA foreclosures" on Storify ] "Turn your wounds into wisdom." ~Oprah Winfrey #dailyqotd #qotd http://t.co/fq1zI7UyVq — Mike Foxworth (@ALTALOMAN) June 22, 2015