HOA
HOAs Seek Association Fees from Banks
Thursday, April 8th, 2010Condominium and home owners associations desperate for money are experimenting with a tactic called “reverse foreclosure” to force banks to pay association fees. The process works like this: When a borrower stops paying the mortgage, banks often delay taking the property into foreclosure. When banks delay, neither the former home owner nor the bank is [...]
HOA’s are Now Required to Allow Indoor & Outdoor For Sale Signs
Thursday, August 9th, 2007Arizona homeowners living in HOAs will now be permitted to display indoor or outdoor for sale signs. This holds true regardless of any prohibition in the HOA governing documents. This legislature SB 1062 just recently passed! Contact me if you need any additional information on it.