The Weddington Hills HOA foreclosure resulted in a Union County homeowner losing her house due to unpaid HOA fees. After overdue dues led to legal action, the property was ultimately sold. The case highlights the consequences of ignoring HOA financial obligations.
Weddington Hills HOA Foreclosure: How It Happened
In 2020, Taylor Sanders lived in Weddington Hills and owed her HOA $400 in dues. The HOA sent multiple notices, but she claims she never received them. By February 2021, the HOA placed a lien on her home. Two months later, she was informed that her balance had grown to $1,200 and foreclosure proceedings would begin.
She initially thought the notice was not serious but soon realized otherwise. The 3,300-square-foot home was sold for $49,000. Five months later, the buyer resold the property for $850,000.
Sanders wants to raise awareness so other homeowners take HOA legal actions seriously. She hopes her experience will help others understand their rights and avoid similar situations.
North Carolina lawmakers are considering a bill offering homeowners more protections against HOA foreclosures. The proposed legislation would still allow HOAs to place liens and begin foreclosure, but they would need to meet specific criteria. However, there has been no progress on the bill since May.
