Not really the same thing, but I'm reminded too of the HOA in Texas that foreclosed on a woman in her late 80s from her home for $180 in unpaid HOA dues (apparently her husband had managed finances and died recently).
Egregious enough. Then the real details hit, and made a bad thing worse:
- A member of the HOA Board had moved to foreclose on this home despite the small arrears (even relative to other members of the community)
- Someone made a very short offer on the house (IIRC, in the order of $125K for a $4-500K home)
- HOA Board voted to accept the short sale offer
(You might have seen this coming) Spoiler alert: The HOA board member who lead the vote to foreclose, the person who made the short offer, and the board member who voted to accept that offer? All the same person, who had a healthy little business as a landlord.
Egregious enough. Then the real details hit, and made a bad thing worse:
- A member of the HOA Board had moved to foreclose on this home despite the small arrears (even relative to other members of the community)
- Someone made a very short offer on the house (IIRC, in the order of $125K for a $4-500K home)
- HOA Board voted to accept the short sale offer
(You might have seen this coming) Spoiler alert: The HOA board member who lead the vote to foreclose, the person who made the short offer, and the board member who voted to accept that offer? All the same person, who had a healthy little business as a landlord.