Can My HOA Really Foreclose on My Home? Live in a low-maintenance planned community? Then you probably pay assessments and fees every month to where can i get a personal loan in Avant a homeowners association (HOA). HOAs rely on these monies collected to maintain the property. But what happens if you don’t pay these fees and assessments on time? In this case, HOA foreclosure on your property is possible. If you’re asking, “can my HOA foreclose on my home?” and “can the HOA take my house?” the answer is yes. That’s why it’s important to learn the facts. Ask questions. And seek legal advice if you’ve been threatened with HOA foreclosure.