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Updated almost 3 years ago,
Bought a house on a HOA foreclosure
Hey all,
Bought a house on a HOA foreclosure. Got the deed after 3 months of redemption period.
I noticed that the previous owner is still paying for his 1st loan. Looks like it is connected to his bank account for auto-pay.
Question:
- What happens if the previous owner pays off his 1st loan. Will he get a new deed? If yes, will his deed be superior than mine, since i got mine from hoa (junior) foreclosure.
Joe