HOA forecloses on more than 50 homes in one neighborhood

Dozens of homeowners, all in the same neighborhood, are facing foreclosure due to homeowners association-related fees and fines.

Fisher said her office has been contacted multiple times by concerned homeowners who didn't know HOA’s had the power to foreclose on homes. “They were issuing a lot of fines for anything… the grass, leaving the trash can out, a lot of fines, $50 or $100. They went all the way up to $8,000. The last time I checked, it was $10,000 in fines,” Villela said.

Villela said her family paid their mortgage on time for nearly two decades and her mortgage company is investigating the foreclosure.

HOA needs to be abolished.

What a travesty of Justice. Throw the judge in jail after a new judge sentences the 3 to hard time in prison for minimum of a decade!

Sue them 😤

That's disgusting. Why?! How?!

Green Valley Ranch is out by DIA. Hilarious that they’ve got such a shitty HOA is such a lame part of Denver.

HOA should not have that ability.

HOAs are an abomination, just bought a house and it was worth getting an older house to avoid them.

HOA s are absurd, I would never buy where there was one and don't see why anyone does...you pay 300,000 + for a decent house ..probably more now...why would you want some asshat measuring your grass length or telling you what color to paint your house.

Generally speaking, foreclosures have a number of notices given before the actual deal is complete. Is that not the case here? Or are the homeowners claiming ignorance? There's got to be more to the story.

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HOA forecloses on more than 50 Green Valley Ranch homesICYMI: Dozens of homeowners in Denver’s Green Valley Ranch neighborhood are facing foreclosure due to homeowners association-related fines and fees. It's the homeowners' responsibility to read ALL the papers they sign when they purchase a house. Also, the realtor should make sure their customer knows everything regarding their HOA agreement. So, this is a fair situation. They knew they had fines and ignored them. What’s more concerning is that they racked up 10,000 in FINES for being inconsiderate neighbors. Yeah it’s unfortunate, but if my neighbor violated common HOA laws like not mowing the grass enough to accumulate 10k in fines, I would be absolutely LIVID. I agree that people need to read HOA documents & be aware that a HOA can bring a foreclosure action. HOWEVER, foreclosure actions take a long time & require notices, right to cure, etc. None of this can be done behind a homeowner's back. There is more to this story.
Source: DenverChannel - 🏆 239. / 63 Read more »