What should I do if my HOA is trying to foreclose my property? – Perez Mayoral

If your HOA is trying to foreclose on your property, it’s crucial to take the situation seriously and act promptly. The law often favors HOAs in foreclosure actions, meaning that if they proceed with foreclosure due to unpaid assessments, additional costs like attorney’s fees can quickly escalate your debt—from a $1,000 overdue assessment to $5,000 or even $10,000. Therefore, the best course of action is to contact a knowledgeable attorney immediately upon receiving a lien notice of intent to foreclose. This will help you understand your rights and find a resolution to the issue. If you find yourself in this situation it’s best to reach out to an attorney as soon as possible.