State law allows a Home Owner's Association (or HOA) to sue you in state court to recover unpaid assessments. Additionally, you might be on the hook for late fees, interest, and various legal costs. A seemingly small yearly or monthly fee can quickly snowball into large sums of debt that an HOA can demand in court. If the debt remains unpaid, the HOA can eventually foreclose, and your home could belong to them.
That means that you may be perfectly up-to-date with your mortgage but a few hundred dollars behind with HOA assessments and lose your home. Don't get caught in an avalanche of debt. If you have been sued by an HOA for unpaid assessments or other violation of your deed covenants, give us a call before a court signs a judgment and you lose much more than you bargained for.
A lawsuit against you is not the end of the world, but it does mean that you have a limited amount of time to act. We have settled many of these types of lawsuits and usually find a way to keep home owners right where they belong.