HOA: Homeowners Association Can & Do Foreclose: The New Foreclosure Homeowners Association

By: Diana Olick  Read the whole article.....Homeowners Associations: The New Foreclosure
CNBC Real Estate Reporter

Thirty-four states allow for judicial foreclosures by HOAs, although the rules and redemption periods differ. The redemption period is the amount of time that a homeowner has to pay up all the dues and fees after the HOA has officially taken title to the home.

Texas has a 180 day redemption period.

Florida's is just 10 days.

If you would like me to list your home for sale, please call me at (702) 812-4550.

If you would like more information, pricing and pictures of homes for sale, just call or email me and I can email you the information to you.

Dawn Barrier SFR®,CSP® Las Vegas Short Sale Realtor®

Century 21 Realtor®               My website:  www.LasVegasDawn.com

I am a Las Vegas REALTOR® I specialize in residential real estate, single family homes, Short Sales, Preforeclosures in the Las Vegas area.

Blog Disclaimer-This is a personal blog. All information is provided for informational purposes only and is Not legal advice, consult an attorney or financial expert for legal advice. This is general information and is not intended to provide advice on any specific question or transaction. Parties to any real estate transaction should seek competent legal and/or tax counsel to determine the legal, credit and tax consequences of buying or selling a home.     Copyright © 2010, 2009 Dawn Barrier. All Rights Reserved. Any Stats are per the GLVAR MLS as of this writing.

SEARCH LAS VEGAS MLS            SHORT SALE Information for Sellers