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Texas Uniform Planned Community Act
A proposed bill -- this proposed bill not good for homeowners.

SUPER LIEN

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This entry was posted on 3/24/2006 3:55 PM and is filed under Super Lien.

Would you want to buy into an association in which the association had a higher lien than your mortgage company and could foreclose even though you were paying your mortgage?

 

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    • 5/5/2006 2:53 PM ohstop wrote:
      Oh, stop, Harvella.. This can't happen. As soon as the HOA can establish a lein that is superior to the primary mortgage lender, the banks are *not* going to loan money on houses...

      HOAs can already foreclose regardless of the status of your mortgage.
      Reply to this

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