Since this article only speaks to condo’s with HOAs, I assume the same could be said for SFR with HOAs. Take most of the newer homes in SD County that have HOAs. Could the same scenario occur if a 3rd of the homes fall into foreclosure in a tract of homes or subdev in that the other owners will incur the costs as part of an adjustment up in HOAs?
Thats something to consider and or get in writing from the HOAs when buying if thats the case.
