Foreclosure in a seperated condo comminity

Posted by Greg on December 03, 2002 at 15:03:16:

I live in a new subdivision built by Crosswinds and it is sited as a seperated condo. I own the house and property but it had to be delvloped under a condo act. I have a question concerning forclosure by the association, Can they foreclose on your property and keep the house and any equity in the property above what is owed on the mortgage? If any one has the answer please ley me know.

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: I live in a new subdivision built by Crosswinds and it is sited as a seperated condo.  I own the house and property but it had to be delvloped under a condo act.  I have a question concerning forclosure by the association, Can they foreclose on your property and keep the house and any equity in the property above what is owed on the mortgage?  If any one has the answer please ley me know.


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