Tag

Liens

All articles tagged with #liens

HOA Cash Crunch Triggers More Foreclosures Across Neighborhoods
real-estate2 hours ago

HOA Cash Crunch Triggers More Foreclosures Across Neighborhoods

Rising insurance costs, depleted reserve funds, and tougher safety mandates are pushing HOAs to pursue delinquent owners more aggressively, with foreclosure filings up nearly 40% to 6,376 in the first quarter; homeowners face auctions and varying redemption rights by state, while outsized collection fees and aggressive tactics threaten property values as HOA finances are strained by higher dues and assessments.

L.A. Woman Behind Multimillion-Dollar Liens Arrested on False-Document Charges
local-news5 months ago

L.A. Woman Behind Multimillion-Dollar Liens Arrested on False-Document Charges

Rita Ortiz was arrested in Los Angeles on 25 counts of filing false or forged documents after allegedly placing multimillion-dollar liens on homeowners (including Benedict Canyon Drive) for services not provided. She is being held on $700,000 bail. LAPD says Ortiz is not licensed to provide real estate services and the investigation is ongoing.

Beverly Hills businesswoman evicted amid multimillion-dollar home lien claims
local5 months ago

Beverly Hills businesswoman evicted amid multimillion-dollar home lien claims

Rita Ortiz, the registered agent of Ortiz Consulting LLC, was evicted by Los Angeles County sheriff's deputies from a Glendon Avenue home after homeowners accused her of recording 35 mechanics liens totaling more than $500 million since 2023; many homeowners say they never contracted with her, and LAPD says some liens are under active investigation.