foreclosure letters
What’s the difference between bank foreclosure and homeowner’s association foreclosure?
My sister is already facing bank foreclosure but she also just got a letter saying that she will be facing homeowner’s association foreclosure because of unpaid dues. They’re filling a lien against her … I don’t understand the difference … I thought only banks could foreclose.
Nope they both can since ownership is dependent on paying both your mortgage and association fees.
