Legal Question in Real Estate Law in Florida
I currently have a privately held mortgage on a townhouse in FL. I am being threatened with a lien against my property from my HOA. I was wondering if this is grounds for foreclosure, and if bankruptcy is an option, since I currently owe more than the property is worth.
Asked on 2/07/14, 12:02 pm
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
A lien on the property is likely grounds for foreclosure. Seek help from an attorney who handles foreclosure defense to determine your best option. If you are upside down on the property, you may want to consider trying to get out and doing a deed in lieu so you can avoid any judgments.
Answered on 2/07/14, 12:25 pm
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