Posted on: 28th Nov, 2009 10:16 am
i owe 1,700 in hoa fees on my condo in california. other than that its paid off (no loan) can they take it from me, and if they can how long before they can repossess tha condo?
>>can they take it from me
Yes
>>how long before they can repossess tha condo?
That answer should be in your CC&R's, and is particular to your HOA. First they'll start the foreclosure process with a Notice of Default, which lasts 90 days, then you'll receive a Notice of Sale, and they'll sell your condo 21 days later.
Yes
>>how long before they can repossess tha condo?
That answer should be in your CC&R's, and is particular to your HOA. First they'll start the foreclosure process with a Notice of Default, which lasts 90 days, then you'll receive a Notice of Sale, and they'll sell your condo 21 days later.