
Quoting
despritfreya
I cannot say how long it will take your lender to foreclose once you stop paying. You can live there until the process is completed. Nor can I comment on the credit report issue. I do, however, want to tell you that you MUST continue to pay all fees/dues/assessments associated with the HOA until the lender completes the foreclosure or you sign title over to it, say, as a deed in lieu of foreclosure. If you do not pay the HOA, at some point it will sue you. Post bk HOA fees/dues/assessments are the titled owner’s responsibility.
Des.