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Jeff Harrington
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0 Questions, 2 Answers
  Active since 09 September 2024
  Last activity one month ago

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Legal Pro
2 HOA/COA foreclosure

Hi, Ekaterina:

Yes, they absolutely can. Remember, pursuant to F.S. 720.3085, the Ass'n can go after successor owners for any and all amounts past due. I know. It's a terrible statute. When it went into effect, I remember thinking: "These HOAs have some amazing lobbyist!"

There are very few ways to defeat that statute, and avoid the liability, so the best thing is for the Ass'n to get its money from the auction. The good news is that they almost always do.

If there is any defi...

one month ago
1 What happens when you buy a foreclsoure that is pending sale

So, you're talking about being the successful bidder at a lender's foreclosure auction where the property is currently under contract for sale, right? I'm going to assume these facts.

Tony's answer is quite good. The right of redemption is cut off upon the issuance of the Certificate of Sale (not to be confused with Certificate of Title). So, the moment that happens, the former owner of the property no longer has any ability to sell the property.

There are a few technicalities we...

one month ago

Miami Dade County Foreclosure Schedule

Miami Dade County Foreclosure Auctions: