Homeowners: From $150 HOA Fee to Foreclosure
Hillsborough County homeowners are battling their HOA in a foreclosure fight, but one missed payment could cost the family their home.
“Because of $150, we’re going to lose a $300,000 home,” says homeowner Tina Lopez.
The Riverview family is taking on the Rivercrest Community Association, who just sold the home at auction. The Lopez family claims they didn’t have any warning. Now, the HOA fight could leave the family homeless.
“This is our life. This is our family,” says Tina Lopez.
The Lopez family has called their Rivercrest neighborhood home since 2005, when they bought if for around $270,000.
The HOA put a foreclosure lien on the house and recently sold it at auction for $19,000. The family’s cut: $14,000.
“You have a company that comes in and says let’s just take your house away. It’s not right. There’s no compassion. It’s not morally right,” says Tina Lopez.