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Updated about 5 years ago on .

User Stats

1
Posts
0
Votes
Ryan Garnett
  • Flipper/Rehabber
  • HOUSTON, TX
0
Votes |
1
Posts

HOA foreclosure and mortgate foreclosure

Ryan Garnett
  • Flipper/Rehabber
  • HOUSTON, TX
Posted

I need some help. My family member's house was sold at the county auction on a HOA foreclosure in Texas. The total was $25k. The buyer has the house deeded to him. Now my family member's bank is going to foreclose as well. How can I buy this house outright? Isn't there a time period to pay back the HOA foreclosure and get the house deeded back to her? Then I can buy it from her for more than she owes with the bank? The guy that bought it at the auction is being difficult. I thought there was like 6 months she has to pay back the HOA foreclosure amount?? Maybe this is only for tax foreclosure?? HELP!!