Beach Foreclosures

beach foreclosures

When homeowner dues fall behind, associations take tougher actions
By Mark Puente, Times Staff Writer Tuesday, January 18, 2011 Anyone who stops paying a mortgage knows the bank can come after the home. But homeowner associations foreclosing on properties? That’s right. HOAs are seizing more and more property as owners stop paying their monthly assessments. Some are going a step further — renting out the seized properties to recoup the lost dues. And thanks to …

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