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HOAs Foreclosing On More And More Homeowners
At the height of the Great Recession, banks were foreclosing on Valley homeowners at record rates. But, today, years later, it’s homeowners associations that are foreclosing on more and more homeowners.
It’s becoming more and more common today, according to a new investigation from Catherine Reagor and Jessica Boehm in the Arizona Republic.
I spoke with Reagor about this and how this happens to people who had no idea that getting behind on their HOA maintenance payments could end up in them losing their homes.