Ask Experts Questions for FREE Help !
Ask
    ROB6465's Avatar
    ROB6465 Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Jun 11, 2008, 09:15 AM
    Lien on house
    My Homeowners association put a lien on my house for unpaid late fees/atty fees. I paid my HOA fee late and did not pay the late fees and now I find out that they put a lien on house for the late fees/atty fees. My wife and I are struggling to pay our bills and our mortgage takes up our income and it'll be difficult to pay the $300 plus that they are demanding. Can I negotiate with them or get on a payment plan with them? What is the lien process? Can I lose my house for this ?
    progunr's Avatar
    progunr Posts: 1,971, Reputation: 288
    Ultra Member
    		  
    #2

    Jun 11, 2008, 10:28 AM
    The placement of the lien will prevent you from selling or transferring the property, without first satisfying the judgment.

    I would expect that they would accept payments, however you may be accruing interest, and would have to plan to cover that additional amount.

    You need to talk to the HA, and see what options they are willing to accept to settle this dispute.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Jun 11, 2008, 10:41 AM
    If you don't plan on selling or moving in the short term, this is not hugely worrisome. The only kicker would be if they continued to accrue interest on the amount owed.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How do I put a lien on a house? [ 3 Answers ]

We were purchasing a house from a friend, on a verbal land contract, we have 2 signed & notarized affidavits stating that they witnessed the agreement that took place between us. This friend quit paying the mortgage company, and it is presently in foreclosure. She has also filed bankruptcy against...

Possible lien against house [ 3 Answers ]

When my husband's grandmother died, my father-in-law inherited the house. To keep himself from losing the house (whole different story) he deeded the house to my husband and brother-in-law. Over the past few years they have paid the property tax on the property. My father-in-law has been very...

Bad lien on house [ 1 Answers ]

A air conditioning company put a lien on my house, yet I never signed a contract with them to install a new AC unit. They said that I owed them money for installing the unit and removing it which was $800. I told them that I was interested in the purchase and installing of a new unit, but never...

View more questions Search