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Marie Fran
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HOA foreclosure sales

Marie Fran
Posted

I purchased a home through a HOA foreclosure. However, the home has a mortgage lien. There is a new assignment of mortgage filed at the county court a few days after I purchased the property. How do I get the mortgage company to negotiate to pay the balance of the mortgage at a lower amount than what is owed as I would like to keep the home. Also, the association would not allow me to rent the property before 2 years, which I did not know prior to purchasing the property. I would appreciate all the help from everyone and anyone who faced a similar issue in the past.

Thank you!

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