Get free help preparing your taxes from AARP Foundation Tax-Aide. Find a location

Introducing RealPad

The tablet with free 24/7 customer support. Learn More

Celebrate Black Life, History, and Culture!



You Could Choose Your Dream Vacation



Renew for 3 and attend Life at 50+ for free



Life at 50+ - Discover. Engage. Enjoy.





Life at 50+ - Register for the Digital Experience



Happy African American couple







AARP Auto Buying Program



AARP Staying Sharp: Keep Your Brain Healthy






Military and Veterans Discount




New Book

Dating After 50: How to get back in the game

Dating After 50 For Dummies

Contests and

AARP’s Superstar
2015 Contest

Sing for a chance to win $5,000! Enter AARP’s Superstar 2015 Contest!
See official rules


Sign up now for an upcoming webinar or find materials from a past session.


Home & Community Webinars

Family & Caregiving Webinars

Popular Articles



AARP Games - Play Now!

Poll: Are You a Real Techie?


Foreclosure by Homeowners Association

Florida condo owners may lose their homes in dispute

When Michael Silvestri, 74, spotted a deal on a two-bedroom Fort Pierce, Fla., condo in 2008, he thought it would be a nice place to relax and go fishing.

But less than three years after buying the unit at Inlet House, a 55-plus community, Silvestri is embroiled in a legal battle with the complex's homeowners association, which is trying to foreclose on him.

See also: Foreclosures through the roof.

Mike Silvestri - homeowners association forecloses on residents delinquent in homeowners association dues

Condo owner Michael Silvestri faces foreclosure by homeowners association. — Photo by Whitney Curtis

Silvestri is not the only one. After plumbing problems emerged at the 60-unit community in late 2009, homeowners faced thousands of dollars in special assessments to cover repairs. Some couldn't afford the extra charges and others — like Silvestri — disagreed with the handling of the problem and refused to pay.

The board responded by foreclosing on nonpayers, and Silvestri says he and four of his neighbors could soon lose their homes. "These people are terrified and scared."

Traditionally, banks pursue foreclosure, but the situation at Inlet House is increasingly common, says Evan McKenzie, a professor at the University of Illinois at Chicago and an expert on homeowners associations.

While no one tracks these foreclosures, McKenzie says, they're on the rise as the weak housing market left many homeowners associations struggling financially. Older owners are especially vulnerable because they typically have significant equity in their homes, he says.

Back at Inlet House, Janice Stinnett, who heads the homeowners association, declined to comment.

Also of interest: Reverse mortgages: Escaping foreclosure. >>

Michelle Diament is a frequent contributor to the AARP Bulletin.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts


Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

membership ancestry

Members save 30% on  a one-year subscription to

Grocery Coupon Center

Members can print savings coupons at the Grocery Coupon Center powered by

Member Benefits Discounts Angie's List

Members can save 25% to 45% on their Angie's List membership.

Member Benefits

Join or renew today! Members receive exclusive member benefits & affect social change.