Foreclosing on Banks

Resource Topic: 
Litigation
Foreclosure
By: Loura K. Sanchez

We’ve written articles in the past about why associations should foreclose on banks who own homes in your community.  We’ve explained that banks should be treated like any other owner and that you shouldn’t sit on the delinquent account waiting for the lender to sell them home.  In a recent story in CAI’s Common Ground magazine, this trend was highlighted as it is becoming more and more common throughout the country.  Read our full blog post.