P.D. from New London County writes: Dear Mister Condo, I read a lot in your blog about foreclosure when a condo owner is delinquent with monthly fees. Two questions: Can foreclosure be initiated over an unpaid special assessment? What level of delinquency are we talking about? Would it be a certain proportion of the value…
Search Results for: foreclosure
Communication Issues May Lead to Condo Foreclosure
B.L. from Fairfield County writes: Dear Mister Condo, I was sent to 2 foreclosures for inaccuracies by the Property Management Company yet I have never owed one dollar for common expenses. The property manager and Board took my parking space. In more than 20 years living in my condo, my unit door has never been…
Objecting to an Association Foreclosure
V.W. from New Haven County writes: How do I object to an Association Foreclosure? Mister Condo replies: V.W., foreclosure is a legal process by which one party takes action against another. If an Association takes the action of foreclosing against one of its unit owners it is usually surrounding an outstanding debt due to the…
Neighbor’s Foreclosure Costs Every Condo Owner!
B.G. from New Haven County writes: Dear Mister Condo, Why am I being forced to pay increased common fees because of foreclosures that are taking too long at my condo? I have always paid my condo fees on time and as far as I know so have most of my neighbors. Now, two units have…