HOA FEES in CALIFORNIA - Loan Modification Forum

Tony12154 · 07-21-2009, 05:19 PM

Hi Everyone.

My condo has been in foreclosure since May of this year. As of today
there has not been a sale date established....My funds are starting to grow very thin in that I have been out of work for a while....Now I am faced with the dilemma of NOT being able to pay my $240/mo HOA FEES. If I stop
paying these fees, will I end in court sometime in the future having to pay them PLUS penalties....I dont know what to do.
Thanks to anyone who can offer any kind of guidance.

PS I live In CA.

NeedHelpwCW · 07-24-2009, 11:35 AM

I live in CA as well. The news had a segment on HOA & foreclosures. Well, the HOA can foreclosure on your condo and they are first to collect before the banks!

07-21-2009, 05:19 PM	#1 (permalink)
Tony12154 Member Join Date: Sep 2008 Posts: 26 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	HOA FEES in CALIFORNIA Hi Everyone. My condo has been in foreclosure since May of this year. As of today there has not been a sale date established....My funds are starting to grow very thin in that I have been out of work for a while....Now I am faced with the dilemma of NOT being able to pay my $240/mo HOA FEES. If I stop paying these fees, will I end in court sometime in the future having to pay them PLUS penalties....I dont know what to do. Thanks to anyone who can offer any kind of guidance. PS I live In CA.

07-24-2009, 11:35 AM	#2 (permalink)
NeedHelpwCW Senior Member Join Date: Dec 2008 Location: California Posts: 173 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: HOA FEES in CALIFORNIA I live in CA as well. The news had a segment on HOA & foreclosures. Well, the HOA can foreclosure on your condo and they are first to collect before the banks!

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