Brittany Freeman
Are Colorado’s Efforts to Curb HOA Foreclosures Working?
Homeowners associations have filed far fewer foreclosure cases since the state enacted a law aimed at protecting residents in disputes with their HOAs, according to a ProPublica-Rocky Mountain PBS analysis.
HOA Foreclosures Are a “Lose-Lose” Game for Coloradans, but These Lawyers Win Regardless of the Outcome
A retired NFL player’s legal battle with a homeowners association spotlights why critics say Colorado law incentivizes attorneys to advise that HOAs foreclose on residents rather than find less expensive solutions.
Nearly $30K Vanished From the HOA’s Account. The State Can’t Investigate the Management Company.
Community association managers run most of Colorado’s 10,000 homeowners associations, but state regulators no longer have the authority to look into complaints about unexplained price hikes, shadowy elections or fraud. Homeowners pay the price.
Colorado Legislature Passes HOA Foreclosure Reform Bill
The measure limits homeowners associations’ ability to foreclose on residents who accumulate fines for violating community rules known as covenants.
Colorado HOA Foreclosure Reform Legislation Moves Forward
The bipartisan measure would limit homeowners associations’ powers to file foreclosure cases based on fines for community-rule violations, capping such penalties and increasing due process for homeowners.
They Faced Foreclosure Not From Their Mortgage Lender, but From Their HOA
While most homeowners associations refrain from the “last resort” of foreclosing on residents, some Colorado communities have moved time and again to take members’ homes.
Colorado Homeowners: Do You Have Experience Dealing With an HOA? Help Us Investigate.
HOAs can help keep common areas clean and pay for upkeep, but residents who fall behind on dues or run afoul of the rules can find themselves at risk of losing their home.
