A homeowner in Mesa, Arizona, lost a house he bought in 2022 for $450,000 after an HOA debt of under $1,000 led to a foreclosure.
The property was purchased at an auction by the HOA for $8,172.
Here’s what to know
According to The Mesa Tribune, Toby Newton bought the four-bedroom home for $449,328. But, in 2024, he lost his job, was diagnosed with diabetes, and fell behind on quarterly homeowners association assessments of $171.
After a year of missed payments, the amount he owed to the Superstition Springs Community Master Association reached $977…