Foreclosures
June 4, 2007
I’m saddened to report that we have two more homes that are in the final stages of foreclosure in our neighborhood. The final redemption date for one is June 20 and the other is in mid-July.
As we’ve been used to in the past, both of these homes are severly behind on their HOA dues and neither has paid their special assessment. If these houses do not sell before the final foreclosure dates, the HOA will not be able to recover either item, which will result in a loss of approximately $2600, or just more than 10% of our annual budget.
If you’d like to track foreclosures in this neighborhood or others, there is a link to the Adams County website on the LINKS page in this website.
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