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For more information regarding HOA fees and foreclosures visit
http://www.ThePrecisionTeam.com. Many homes in the North Scottsdale
Real Estate market are in the process of foreclosure. This is
obviously the result of a challenging situation for...

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For more information regarding HOA fees and foreclosures visit
http://www.ThePrecisionTeam.com. Many homes in the North Scottsdale
Real Estate market are in the process of foreclosure. This is
obviously the result of a challenging situation for the homeowners.
It is bad enough to have your home foreclosed on; but to then have
to deal with, and most likely lose, a lawsuit from your home owners
association is pouring salt in the wound.

HOA fees are tied to the property owner, not the property. This
means that when you stop making your mortgage payments you should
continue to make your HOA payments through the foreclosure of your
home. The same can be said about short sales. Make your HOA
payments. Even after you lose the house you will still owe that
money. After the HOA adds on late fees and legal fees you could end
up owing thousands more.

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