Defending Against HOA Foreclosure: A Guide for New Mexico Homeowners

Defending Against HOA Foreclosure: A Guide for New Mexico Homeowners

Understanding HOA Foreclosure in New Mexico Homeowners associations (HOAs) play a significant role in managing community standards and ensuring the upkeep of common areas in residential developments across New Mexico. However, when homeowners fail to pay their assessments or dues, the HOA may invoke the power of foreclosure. This process, often misunderstood, entails the legal … Read more