Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

104
Posts
63
Votes
Darrell D.
  • Rental Property Investor
  • Springfield, OH
63
Votes |
104
Posts

Do I honor past HOA fees after a foreclosure?

Darrell D.
  • Rental Property Investor
  • Springfield, OH
Posted

Hello everyone and thank you in advance.

I recently sold two homes with a 1031 exchange. I hit the county auction and won a nice property with a lot of potential. Now that I'm in the waiting period, a few questions came up. I think this is just wishful thinking here but I have to ask... Should I acknowledge the HOA at all? Here's my thinking behind this...

Is it true that a buyer of a home agrees to be governed by the HOA at the time of sale? If I did not agree to any terms of the HOA and I bought through the county auction, am I a member of the HOA? In other words, what right does the HOA have to govern me and my property if I never agreed to the HOA terms?  Is it possible that I could be the only homeowner in the community without an HOA?  Additionally, do I have to pay their fees going forward and do I have to pay fees from the last owner?

Any help would be appreciated.

Loading replies...