IfI pay the judgement that my HOA has against me, will that stop foreclosure?
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IfI pay the judgement that my HOA has against me, will that stop foreclosure?
I received a letter from the attorney of my HOA association. I fell behind in my monthly dues. They filed a judgement against me, the letter also states that the judgement expressly provides that my unit be sold in connection with the foreclosure of the lien securing the payment of the judgment amount. Unless they hear from me with in 30 days they will be arranging a Order of Sale, which eventually results in the sheriff’s sale of my unit.
Asked on August 28, 2011 Washington
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Yes, if you pay the judgment in full that your homeowner's association has against you for unpaid monthly dues for your property that is subject to the association's rules will stop the foreclosure sale of your property.
Assuming you plan on paying off this judgment in full, make sure you receive a written document from the judgment creditor stating that your judgment is satisfied in full, have is signed by the judgment creditor and file it in the court file where the judgment arose.
You also need to receive written confirmation that the association will not go forward with the foreclosure on its lien recorded on your home. Keep the written document concerning this for future reference.
Good luck.
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