Foreclosure Resources
If a homeowner fails to pay a balance due to their association, there are two ways to attempt to collect that balance. The first is through the personal assets of the homeowner. The second is through the lien against the property. Personal Liability: Unpaid balances due to an association are the personal responsibility of theGo to Resource
Is your association receiving notice whenever a public trustee foreclosure is initiated? If not, it could be because your association has not updated or recorded a document specifying where notices of foreclosures must be sent. When a public trustee foreclosure is initiated, “interested parties” are notified. An interested party is “Each person, except the publicGo to Resource
To view larger: Public Trustee Foreclosure Process Flowchart
To view larger: Judicial Foreclosure Process