'Apparently I no longer have a home,' man says as property of 17 years is 'sold' despite not missing a mortgage payment | 0UEXAW8 | 2024-03-22 19:08:01
Gil Gonzalez Ramos, who lived in the Green Valley Ranch space of Denver, Colorado stated his
A HOMEOWNER stated he feared that he might lose his household house of 17 years regardless of not lacking any mortgage funds.
Gil Gonzalez Ramos, who lived in the Green Valley Ranch space of Denver, Colorado stated his HOA had filed a judicial foreclosures towards his property.
Ramos stated his house was bought to an investor and supervisor in 2022 following unpaid HOA fines, in accordance with CBS affiliate KCNC.
The home-owner stated that his HOA, Master Householders Association for Green Valley Ranch, had fined him almost $5,000 for small infractions of the principles.
"From $50 for grass. From $50 for siding. From the trash can being out. Stuff like that. I did not pay these fines. I maintain myself accountable for that," he stated.
Ramos noted that he had solely expected a lien on his home for the unpaid fines.
He stated that he did not know the HOA had the legal power, beneath Colorado state regulation, to go to the courts for foreclosure.
Ramos added that he had not missed his mortgage payments to Wells Fargo and that the information had taken him unexpectedly.
"Apparently I not have a house. They bought it," he stated.
"I didn't know I was going to get stuck with a judicial foreclosures by way of the HOA," he added.
Ramos explained that he had bought the home 17 years in the past as reasonably priced housing but explained what the influence of probably dropping his house had been.
"It's irritating to cope with this, especially when I have to elucidate to my youngsters what is going on," he stated.
<!-- End of Brightcove Player --> "I am a father of four," he added.
"Once they decided to inform me I lost my house, that's when it hit."
Ramos stated that the investor and supervisor had proposed renting the house back to his family.
The father stated he would try and discover a option to hold possession of his residence but it is unclear if he has been successful.
<p class="article__content--intro"> Your own home could be bought from underneath you for numerous reasons - listed here are three key things to look out for: </p> </div> </div> "I've been in this residence for 16 or 17 years," he stated.
"To assume I lost all of that fairness, it will be financially devastating."
The U.S. Sun has beforehand reported on another family who risked losing their home in the same HOA.
The Mendozas similarly had not missed their mortgage payments but that they had racked up over $6,000 in HOA payment money owed.
In response to the household, it started when HOA management complained that his garage doors have been two totally different colors just days after the household first moved in.
The U.S. Solar has reached out to the Master Householders Association for Green Valley Ranch for comment.
The family had not missed their mortgage funds but they amassed almost $5,000 in unpaid HOA fines[/caption]
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