Posted by Rich-CA on May 07, 2008 at 12:57:06:
In Reply to: Do Banks keep paying REO HOA and Taxes on vacants? posted by kaity on May 07, 2008 at 09:46:02:
to keep up on all the obligations - HOA dues, property taxes, etc. that any other owner has to pay. I am in one HOA (its in CO) where the dues were not paid for a unit and the HOA placed a lien on it then, when they did not get paid, it was foreclosed. Now the HOA owns a rental unit.