Foreclosing for Fines

Started by JeanneK3 • 2 replies • 1177 views

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JeanneK3 (Maryland)
Posts: 562

Posted:

Hi:
As far as I am aware, 3 states have made foreclosing for unpaid fines illegal. I'm looking for examples in the press or other places where people have had foreclosure threatened for relatively trivial amounts of money (before the attorney fees and penalties stack up.) If you can send me links to this information, I'd really appreciate it. I'm especially looking for a link to a story that appeared a year ago in a Maryland newspaper in which a homeowner was fined and almost foreclosed on for having a "scary Holloween dummy" outside his house.

Thanks.
Jeanne

MaryA1 (Arizona)
Posts: 388

Posted:

Jeanne,

Foreclosing for trivial amounts is nothing new. I know there have been, and may still be, a high rate of foreclosures in TX, a state that allows nonjudicial foreclosures.

AZ does not allow foreclosure for unpaid fines and requires that the delinquent assessment be at least $1,200 or one year delinquent, whichever comes first, before foreclosure can be started. Also, a judicial foreclosure is required on HOA properties.

Sorry I don't have any links for you.

SusanW1 (Michigan)
Posts: 5,202

Posted:

Not what you specifically wanted but . . .
http://www.bankrate.com/finance/real-estate/homeowner-horror-stories-associations-are-heaven-or-hell.aspx

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