Economy

Worst Persons in the World

The Heritage Lakes Homeowners Association in Texas for foreclosing on the home of an Iraq war soldier on active duty -- because of an unpaid $800 homeowner's association fee.

Yes. Really.

In Texas, homeowners' associations can foreclose on homes without a court order, no matter the size of the debt. In May 2008, the HOA sold the Clauers' home for a pittance—$3,500—although its appraisal value was $300,000, according to court documents. The buyer then resold the house to a third person. (Select Management Co., the company that manages Heritage Lakes, declined to comment for this story.)

It wasn't until June 2009 that May realized what had happened. Around that time, the new owner started demanding rent from the Clauers. She told Michael, who was still in Iraq. "At first I didn't believe it," he says. "I didn't understand how someone can take your house and not give you anything for it." [...]

In August 2009, the new owner sent the couple an eviction notice, according to court records filed in the case.

I'd like to know what kind of heartless bastards engage in this kind of awfulness. I'd like to know the heartless bastards who bought the home for $3,500. Over $800?! Worst. Persons. In. The. World.