Tuesday, May 6, 2008

The HOA Industry Despotic Deathgrip

The HOA Industry has a despotic deathgrip on homeowners in America. A shift of power away from the HOA Industry lawyers and HOA service providers to the oppressed and financially strapped homeowers must begin in earnest now! Many mandatory HOA "members" are now being charged "assessments" for the foreclosures happening in their HOA communities. These foreclosed properties are not paying any HOA dues and assessments, we the "homeowners" are paying for them. When the foreclosed properties do not pay HOA assessments, the other "homeowners" or titleholders must pay them!

Home Ower n. titleholder owing a debt to a mortgage company and to a mandatory HomeOwners Association (HOA) where both may foreclose your home for nonpayment of debt.