Our first foreclosure action

And so the decent into pure evil begins.

I got e-mail today to vote on pursuing foreclosure with our vampiric attorney's office. My response was:

HOA-originated foreclosures are a bad idea and will torpedo surrounding home values. We should sell the debt to a real collection agency and be done.

Also, this guy is not at the top of the list of debtors. I don't understand why foreclose on him and not the people who have over $1000.

Which resulted in the reply from El Presidente:

2 for sending to the attorney.
1 for selling the account to a collection agency.

No discussion. Just foreclose on the motherfucker.

I don't understand why this homeowner's association board exists if it's just going to rubber stamp every suggestion from the management company and the attorney.

It would be more efficient to dissolve the board completely and just give control directly with these parasites.

So, we'll see if this pops our HOA's foreclosure cherry. There have been plenty of bank foreclosures (looks like our neighborhood is one of those you read about in the paper with the subprime mortgages all over the place), but AFAIK, no HOA-originated foreclosures. I guess these real-estate-centric puppetmasters are starting to feel the crunch from the credit crisis and need to generate some income off our backs.

PS, why haven't I posted lately? Because I moved! I still own a house in my HOA, though (see credit crisis, above), and I'm renting it out. But because I'm not physically in the neighborhood anymore, my level of caring about the festering evil there has dropped off considerably.

I now live in a neighborhood with no HOA. And amazingly, my neighbors are out doing lawn work like every weekend. How does that happen without an HOA nagging them? I don't understand -- I thought adults couldn't be trusted to maintain their property?