What happens to a home equity conversion mortgage in an HOA foreclosure sale? Is there a foreclosure attorney in here who I could engage before the auction?

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Hello Fernando,
That´s fantastic - thank you for your referral. I will reach out to Jeff Harrington as soon as I find a new project, and I will tell him that you referred him to me. Btw. I don´t know if you are interested in past cases. There was an auction on November 13th. 12500 Dearborn Drive, Bayonet Point, FL 34667. Case # 51-2025-CC-001923-CCAX-WS.

I did a title search and there was a 300k HECM on the property. It was sold for 65k. I´m wondering if that loan really gets whipped off which I highly doubt. The market value isn´t more than 250k. That sale surprised me a lot. What do you think about that? In case you are interested to look into it – I´m just curious, but I definitely don´t want to waste your time with that. Have a great weekend and thanks a lot for everything!
Chantal

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	9 months ago

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Hey Chantal, I checked the official Pasco records tied to that property and, at least in the documents I reviewed, I didn’t see any recorded mortgage or HECM. Everything I found was related to ownership transfers, Rodney’s life estate, the HOA lien, the lis pendens, and finally the HOA foreclosure judgment and sale. No mortgage showed up there.

If there really is a $300k HECM, it wouldn’t normally be wiped out by an HOA foreclosure, so it would be great if you could send me the book and page number (or instrument number) where it appears. I’d like to look at the

— Fernando Alonso 9 months ago

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9 months ago

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