Foreclosures - What Did You Miss?

April 19, 2011

Brian Bichy and Judyann Lee recently presented Foreclosure Case Studies at the Washington Metropolitan Chapter of the Community Associations Institute 2011 Expo held at the D.C. Convention Center on March 12, 2011. Our community association clients are facing an extremely volatile housing market that is dominated by bank foreclosures and short sales. Further, Boards of Directors are facing an increasing number of delinquent owners at unprecedented rates.

For those unable to attend our seminar, we reviewed in-depth two (2) Foreclosure Case Studies to highlight the importance of recording a lien against properties for unpaid assessments and to emphasize that the association has options available when no bidders appear at foreclosure sales of the association's lien. These are common and important occurrences in today's marketplace and we can help you navigate these situations and obtain the best results possible for your association.

Call or e-mail us to discuss your situation or if you have any questions.

  • Brian D. Bichy, Partner or (301.961.5253)
  • Judyann Lee, Associate or (301.961.5234)