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Article #9212

Re: To Anyone Who Still Thinks HOAs Are a Bad Idea

#9212
From: Rich Greenberg
Date: Wed, 27 Feb 2008 17:08
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In article <R8CdnewVy42SZlnanZ2dnUVZ_gKdnZ2d@comcast.com>,
Brent P <tetraethylleadREMOVETHIS@yahoo.com> wrote:
>In article <1kh9s3tl2g15ungnofmrs17q9cikek559g@4ax.com>, Scott in SoCal wrote:

[...]

>> Good look up what happens when an HOA attaches a lien to a piece of
>> real estate and the owner refuses to pay. Do you suppose the homeboys
>> get to remain in the house once they no longer own it?
>
>Yeah... mortgage company #1 is owned 180,000, mortgage company #2 is owed 
>another 50,000.... the lien from the HOA is what? $500. Yeah... good 
>luck. The HOA isn't getting jack shit and would spend more in lawyer fees 
>than they are owed. The lien alone is going to cost a few hundred bucks.

The purpose of the lien from the HOA is not to get the $500, its to make
the house impossible to sell while it is in place.

-- 
Rich Greenberg  N Ft Myers, FL, USA richgr atsign panix.com  + 1 239 543 1353
Eastern time.  N6LRT  I speak for myself & my dogs only.    VM'er since CP-67
Canines:Val, Red, Shasta & Casey (RIP), Red & Zero, Siberians  Owner:Chinook-L
Retired at the beach                                     Asst Owner:Sibernet-L
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From: richgr@panix.com (Rich Greenberg)
Newsgroups: misc.consumers,alt.planning.urban,chi.general
Subject: Re: To Anyone Who Still Thinks HOAs Are a Bad Idea
Date: Wed, 27 Feb 2008 17:08:41 +0000 (UTC)
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