I found out my HOA sold my house when I met a new owner in my driveway – I’m resorting to desperate measures to get it back
A mother of four is fighting to buy back her home after it was sold from under her feet.
Monica Villela was a resident of Green Valley Ranch, just outside of Denver.
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The Green Valley Ranch HOA became notorious for issuing fines and foreclosing on homes when residents fell behind on their payments Bloomberg.
Villela was one of the residents whose home was foreclosed on by the HOA.
However, she claims they didn’t warn her and only found out her home had been foreclosed on when she met the new owner in her driveway.
Villela bought her home in 2005 for $125,000, but her HOA sold it to a real estate agent for just $25,000.
“I didn’t know the HOA had the authority to do this,” Villela told the CBS affiliate KCNC TV.
“I know we issued some fines, but they never negotiated.”
Villela owed the HOA more than $7,000 in fines, but claimed the hefty fines were for minor issues like tree branches on her lawn and trash cans on the curb.
However, she was not alone in her fight. An investigation of the Denverite In 2022, Green Valley Ranch was found to have approved 60 foreclosures in the first three months of that year alone.
The HOA issued this statement following the publication of this investigation:
“The fact that a foreclosure is filed does not mean that someone will lose their home. In most cases, payment plans are active or completed without further legal action.”
Even the Colorado Attorney General’s Office said the HOA’s actions were fine.
The community of Villela is now taking action against the HOA and hopes to draw attention to their cause.
The Community Economic Defense Project raised $28,000 to buy the home back from the new owner, but encountered obstacles.
“We made him an offer directly about a month ago and said, ‘We have the funds that we are willing to sign, tell us when and where,'” a spokesman for the project said.
“He said he didn’t want to hear from us.”
The project held a prayer meeting with Villela on Sunday to raise awareness about the power of HOAs.