Aggressive HOAs are running out of money and foreclosing on more residents than ever before
America’s homeowners associations are running out of money — and patience. Amid rising insurance premiums, drained reserve funds and increased safety measures in the wake of the Surfside condominium collapse, the country’s hundreds of thousands of homeowners associations are cracking down on delinquent residents. Even more startling, HOAs are skipping grace periods and handing delinquent accounts …