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ASSESSMENT COLLECTIONS: HOW DO YOU KNOW WHEN THE BANK HAS FORECLOSED? – Article by by John R. MacDowell, Esq

Posted by AmberPM on December 9, 2011 · 1 Comment

Associations rely on assessments. In most cases, they are an Association’s only source of revenue. Yet the lack of equity in homes restricts an Association’s ability to recover unpaid assessments. Often, an Association can expect to receive payments only after the lender has foreclosed and taken title. Only then is an owner in place with … Continue reading →

Filed under Bankruptcy, Foreclosure · Tagged with AB 2016, Amber Property Management, assessment collection, board of directors, California Civil Code at Section 2924b(f)), Civil Code Section 1351(a), Condo, FORECLOSED, HOA, Homeowner Association, Orange County Property Management, Property Management, Senate Bill 1511, Single Family Home, Townhome

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ASSESSMENT COLLECTIONS: HOW DO YOU KNOW WHEN THE BANK HAS FORECLOSED? – Article by by John R. MacDowell, Esq

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