It is a rude news flash to many people to learn that their Home Owners’ Association may be able to foreclose on their home for unpaid dues and assessments.
Yes. It happens.

It is imperative that Home Buyers recognize this fact, that dues are usually not voluntary, and that the HOA Bylaws typically have teeth in them allowing foreclosure for unpaid dues.
With some townhome and condo dues in the Raleigh Cary NC area in the $200/month range, this is a significant ongoing expense that must be met routinely.

And, if you have a home loan, the bank or investor will also be watching and may press foreclosure to protect their interests. Your ultimate responsibility to maintain your dues payments is spelled out in your Deed of Trust.

This is not meant as a screed against HOAs, which are commonly required in new construction communities. Cary is replete with them, although I live in a neighborhood that does not have one.
This blog post is just a “Heads Up” to people who may not recognize the gravity of falling behind in paying dues and assessments.