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Subject:  Re: intercst a Homeowner Date:  10/15/2012  11:25 PM
Author:  intercst Number:  45843 of 138294

Donna405 writes,

In our situation, we have several rental units. One owner of some of the units (14 units) has defaulted, and we have him under foreclosure. So far, he owes over $80K. However, due to the Board's frugality, we have been able to weather this.


What are your prospects of recovering the $80k?. I assume the mortgage debt has seniority over what's due the HOA.

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