Due to the decline within the housing market, Texas is one of the worst ranking states, with among the highest record for HOA foreclosures.  Texas is also one of the fastest foreclosure states with only a 180 day redemption period. 

In Texas, Associations (HOAs) are allowed to foreclose on homesteads for something as minor as a homeowner falling behind on association dues or fines that lead to rule violations.  Texas is one of several states that allow HOAs to foreclose on its members. The majority of other states follow a judicial approach, allowing HOAs to place a lien on the property for payment once the house is voluntarily sold by the owner.

In order for a Home Owners Associations to complete a foreclosure they are not required to go before a judge. They are only required to wait a minimum of twenty seven days before selling the property on the courthouse steps. this practice is for nothing other than the financial gain of the HOA's management company. This practice has been on the rise since many home owners have experienced financial difficulties during the recent economic downturn.

Tell your Texas State Legislature that this practice must be stopped and Home Owners Associations should not be allowed to foreclose on your home.