A rug on the again patio.
A grease stain on the driveway.
These are among the issues that led the Grasp Owners Affiliation for Inexperienced Valley Ranch to advantageous Terry and Dwayne Meeks, a pair who purchased their residence within the far northeast Denver subdivision in 2008.
The Meeks would repair the issue and pay the advantageous. Then they’d obtain discover of one other violation. It went on for years.
Then, in November, the Meeks realized the Grasp Owners Affiliation put a lien on their residence and was shifting to foreclose.
The couple thought they owed about $2,000. As an alternative, the debt had ballooned to $17,000 as a result of the HOA needed them to pay attorneys’ charges related to the lien.
“We’re anticipated to pay their attorneys to take our residence from us,” Terry Meeks mentioned. “Unbelievable. It’s organized crime.”
In March, a rash of foreclosures filed over the previous 15 months by the Grasp Owners Affiliation for Inexperienced Valley Ranch shocked residents and triggered swift condemnation from elected officers and Denver housing advocates. These concerned with Colorado’s housing business say it’s the proper storm: an aggressive affiliation working in a subject with no regulation. And critics say the foreclosures are predatory of their focusing on of Black, Latino and Asian residents.
— Full story by way of Noelle Phillips and Saja Hindi, VirtualNews
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