Lien Of Foreclosure Filed. HOAs Getting Aggressive.
BY: LITIGATION DESK | BocaNewsNow.com
BOYNTON BEACH, FL (BocaNewsNow.com) (Copyright © 2024 MetroDesk Media, LLC) — Another homeowners association says it’s had enough and is demanding payment from property owners allegedly disregarding their requirement to pay fees and dues.
The Canyon Lakes Homeowners Association in Boynton Beach is initiating foreclosure action against homeowners Marie Krause and Wayne Holder. They allegedly owe $42,763.72 — one of the highest numbers we’ve ever seen when it comes to back payments owed to a non-country club association. The balance due includes a special assessment recorded in October of 2021 for $35,804.46.
BocaNewsNow.com reviewed the complaint which states the balance Krause and Holder owed as of November 14, 2023 was $41,479.46. Interest of $832.47 and fees of $454.38 were added to that balance, bringing the grand total to $42,763.31.
The home, at 10437 Willow Oaks Trail in Boynton, is valued at $658,868, according to the Palm Beach County Property Appraiser. It was purchased in 2005 for $367,900. HOA fees and dues are not optional in Florida.
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