Could not believe that there were 4 more Hilton Head DVC units on the Beaufort County Master of Equity sale list this month. :crying::blink::ohmy: There were 8 also last month. Looks like people are having to let them go due to mortgage or maintanence fee default. Not suprised with the # of foreclosures in our neck of SC.
What is that list? Too bad, I know a lot of people are struggling. :sad:
It is the list put out when a financial institution files against the owner for not paying on the mortgage loan or a property manager files due to annual fees not being paid. The local court hears the case and passes judgement. Same process as a bank forclosure for a regular old home we all live in.