Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
HOA Foreclosed
Have you heard of an HOA foreclosing on a property? (the property has Bank Liens)
This is Utah... NON Judicial foreclosure. The "Notice of Sale" says the HOA is foreclosing based on the CC&R's... I have a hard time believing this is possible but some Trustee did it.
The craziness is this is 3 years ago and the HOA has not done anything with the property. None of my title guys will insure it because of the underlying liens.
Thoughts on this one?