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Payment of Delinquent HOA Dues
Atlanta, GA
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Posted about 1 year ago in Residential
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I became delinquent in paying my HOA dues due to financial hardship. WHat is the best way to catch up if I cannot pay a large lump sum?
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Answers (1)
Keisha Perry
This attorney is licensed in Georgia.
Posted about 1 year ago.
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First contact your HOA president or manager and see if they are willing to provide a payment plan so that you can catch up on the past due dues. Even if it is paying an additional $25 or so per month until it is caught up, this agreement could postpone and possibly prevent the HOA from placing a lien on the house if it has not already been done. Keep in mind that complying with the terms and conditions of the HOA is a condition of your loan. If you are considering refinancing your home anytime soon, then you can include the HOA payment as a payoff under the refinance.
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