C&H Trust Deed Service offers a complete range of collection services for Homeowner's Associations throughout California. While our service includes placing the delinquent homeowner in foreclosure, we understand that this is an uncomfortable situation for the board members and the homeowner themselves. As such, we act as an intermediary in discussing the account with the homeowner and endeavor to amicably resolve the account.
In our experience, very few properties are actually sold through the foreclosure process based on an HOA delinquency. Instead, the vast majority of homeowners request payment plans (which we negotiate on your behalf based on your instructions), refinance or sell their property. If, however, the homeowner simply refuses to pay there really is no option other than foreclosure.
The basic timeline for such a procedure is as follows:
As you can see, the California statute allows the property owner ample time to resolve the delinquency. While foreclosure is not our objective, if the homeowner will not pay, it is inevitable.
1 Orchard Road, Suite 110
Lake Forest, California 92630
Tel.: (949) 305-8901
Fax.: (949) 305-8406