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Updated over 6 years ago on . Most recent reply

Bret Arrington's profile image
Bret Arrington's profile image
Bret Arrington
  • Investor
  • from Browns Summit, North Carolina
  • Member since Apr 22, 2015
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15
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1
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Bret Arrington's profile image
Bret Arrington's profile image
Bret Arrington
  • Investor
  • from Browns Summit, North Carolina
  • Member since Apr 22, 2015
Connect
Bret Arrington
  • Investor
  • Browns Summit, NC
1
Votes |
15
Posts
Buying & Selling Real Estate

Courthouse Auction HOA Foreclosure No First Lien Mortgage

Bret Arrington
  • Investor
  • Browns Summit, NC
Posted

I have a question for the group.

I have purchased many houses at the courthouse auction here in NC but obviously avoid the foreclosures by the HOA.

But this particular house being foreclosed on by the HOA has no mortgage, it was a cash purchase, its vacant and 3 years behind on county taxes.

 My thought is whomever wins the auction satisfies the current liens and owns the property with no other issues. Would anyone agree with that? Any input is appreciated.

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