Tag: right of redemption

Is a foreclosure on a HOA assessment lien void if the owner is not informed of their 90-day post-sale right of redemption?

Facts: An off-site owner of property in a homeowners’ association (HOA) became delinquent on their monthly assessments. The HOA scheduled a nonjudicial foreclosure sale and notified the owner. The HOA later cancelled the scheduled foreclosure but conducted it on a later date without notifying the owner. The owner became aware of the foreclosure after the running of the 90-day post-sale right of redemption.

Read More
Loading

Education

Resources

RPI Forms
FARM letters
Market Charts

Weekly Poll

Do you believe government stimulus programs are propping up the housing market?

View Results

From: When the government prop ends, the distress will begin

Check out our previous poll here.

Newsletter Sign-up

Get real estate news straight to your email.




Suggest an article

Do you have a topic you would like the first tuesday editorial team to investigate? Let us know!

Get to know us

About firsttuedsay