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?
3K Views
1
Answer
one year ago
one year ago
Tags
You Asked & We ALL Answered!
Most Popular Questions
- Mortgage Reporting on Title Search?
- Pre-Foreclosure Info...?
- Tax Deed vs Foreclosure Implications?
- Estimating the loan balance on a Reverse mortgage?
- What happens when you buy a foreclsoure that is pending sale?
Most Recent Questions
- Surplus funds after a second lien foreclosure sale.?
- Private water company leins?
- Any point in getting involved for a foreclosure buyer to get involved in objection to a sale??
- What happens to UCC liens on Solar panel systems after foreclosure sale??
- Two Foreclosure Sales on the Same Property?
Can you answer these questions?
- OFF MARKET PROPERTIES DIRECT WITH OWNERS !!!?
- PropertyOnion to incorporate working with probates??
- Looking for creative buyers, seller finance in Marion County, FL?
- Apartment on First floor unresolved leak?
-
1973 months ago -
155one month ago -
10011 months ago -
5112 months ago -
30one year ago
-
3011 months ago -
27one year ago -
26one year ago
-
20one year ago
-
20one year 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?