Foreclosures – Covenant Liens

September 15, 2007

As many of you know, the yards and general landscaping of the homes under foreclosure is not looking good. Right now, all of the homes are far along enough in the foreclosure process that any money the HOA spends to maintain the landscaping of these homes, would probably be unrecoverable.

At our last HOA meeting, our HOA attorney, John Pens informed us of Covenant Liens. These liens are “permanent” on the properties regardless of owners and will help the HOA make sure that new owners quickly fix the issues with the landscaping once they purchase the homes, so that they can have the liens released.

The HOA has filed these liens on 11213, 11238, 11242 and 11244 Decatur Circle.

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