🚀 go-pugleaf

In article <hdids3t3u8lpgg2414p2hr424lhq09iko8@4ax.com>, Scott in SoCal wrote:
> On Thu, 28 Feb 2008 07:51:02 -0600, tetraethylleadREMOVETHIS@yahoo.com
> (Brent P) wrote:
> 
>>In article <7lecs31dcagl57p99b71dk1kummcfqvhe8@4ax.com>, Scott in SoCal wrote:
>>> On Wed, 27 Feb 2008 11:23:47 -0600, tetraethylleadREMOVETHIS@yahoo.com
>>> (Brent P) wrote:
> 
>>>>And this is good for the HOA when the banks are foreclosing exactly how? 
>>> 
>>> If nothing else, once the house is foreclosed on and the scumbag
>>> owners are evicted, someone can go in and clean off all the graffiti.
>>
>>Then you get to deal with the people that bought it at auction. 
> 
> I'll take my chances.
> 
>>>>It really doesn't matter though, because the big lender is going to get 
>>>>everything and the HOA's lien will just be disregarded anyway. 
>>
>>> Nobody cares about the money. What they care about is getting rid of a
>>> hideous eyesore.
>>
>>The point is the HOA's lien is meaningless in all respects under a zero 
>>equity condition. 
> 
> Why are you repeating yourself when your point has already been
> addressed? The amount of equity is irrelevant - if the owners are
> foreclosed upon, they are GONE, and whoever ends up owning the house
> afterwards is going to clean all the shit off of it so they can sell
> it and recover at least some of their investment. Thus, the original
> goal of getting the house cleaned up is satisfied.

The lien doesn't do that. The lien from the association doesn't bring about 
the foreclosure. The foreclosure is brought about by the banks. The 
result is the same regardless of the association's lien. It's a 
meaningless act. 

Associations are rather quite powerless under the law. I've been through 
his BS from the board side of it and the associations are rather 
powerless. If the person has no equity they just ignore the board. The 
banks will get to them LONG before any board legal action can.