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Updated almost 3 years ago on . Most recent reply

Joe A.'s profile image
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Joe A.
  • Member since Nov 29, 2021
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Joe A.'s profile image
Joe A.'s profile image
Joe A.
  • Member since Nov 29, 2021
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Joe A.
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6
Posts
Foreclosures

Bought a house on a HOA foreclosure

Joe A.
Posted

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

San Jose, California
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