Tell him to pound salt. The HOA lien doesn't survive if the HOA was notified. The HOA could have bought it if they wanted to attempt to recover any funds. You do need to pay dues going forward from the purchase date though.
Answered
HOA fees after auction wins
I won an auction for an bank foreclosure, and the HOA is coming after me for an excessive amount of money. The HOA attorney is saying that I owe them $16,000 even though the month dues are only like $110, and the previous owners appears to have stopped paying for the past 3 years, which is about $4,000 worth. When I pointed it out the attorney is saying it's because of interest and legal fees. This can't be!!! What is the next step?
5K Views
1
Answer
2 years ago
2 years ago
Tags
You Asked & We ALL Answered!
Most Popular Questions
- Tax Deed vs Foreclosure Implications?
- Mortgage Reporting on Title Search?
- Estimating the loan balance on a Reverse mortgage?
- PAPA Ownership Update After Auction Win?
- Hire an Attorney?
Most Recent Questions
- Tax certificate sales: Homestead vs non homestead exemption ??
- Tax certificate: what happens if nobody requests the tax deed sale after 2 years??
- Tax certificate sales in Florida : residential vs commercial?
- Surplus funds after tax deed sale?
- Getting an actual deed and not certificate of title?
Can you answer these questions?
- PropertyOnion to incorporate working with probates??
- Looking for an Equity Partner to Scale Up??
- Looking for creative buyers, seller finance in Marion County, FL?
-
2187 days ago
-
100one year ago
-
51one year ago
-
50one year ago
-
30one year ago
-
27one year ago
-
26one year ago
-
25one year ago
-
20one year ago
-
202 years ago
I read the Statutes David Cain posted. It didn't sound hopeful as I understood it, but I am not an attorney. So begs the question... did you find a work around?