HOA Foreclosures
Your home or property in Texas may be foreclosed on by the county due to unpaid taxes owed to the county, the independent school district, or the municipality in which the property is located. In addition, your property may also be foreclosed on by the Home Owner Association (HOA) if your property is subject to one.
Texas Property Code authorizes the establishment and management of homeowner associations whose board members are elected by the homeowners. The association may institute and enforce covenants and deed restrictions on its members, as well as the issue and collect HOA fees for the enforcement of those covenants. The failure to pay said fees may be a reason, among others, for the association to foreclose on your property. Finally, your property may be foreclosed on by third-party financing companies (mortgage companies), including any junior lender, or by Sellers if the property was seller-financed.
Richard R. Alamia will work with the foreclosing authorities to resolve your matter or litigate the matter if the need exists. Richard Alamia will ensure that your rights are not violated, protecting your property and interests. Please contact our office for more information.
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