the mortagage stays with the property unless they file for surplus money after auction.
If not they can forclosure property after you bought it. You won't have record on your credit report but they have rights to the property
Answered
Mortgage debt in a HOA foreclosure property
When the plaintiff of the property is an HOA,and there is an unpaid mortgage that is not included in the final Judgement, who is responsible to pay off this mortgage?
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6 months ago
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