Liens After Forclosure

[Jaago Viitkin]

I am bidding on an auction in Miami Dade and Broward County Florida.

I know if the bank owns the house, but it is vacant then the unpaid HOA fees will be paid by the bank. If the house is occupied, but the bank still owns it I will have to pay the unpaid HOAs. (I know this from my own experience)

What else survives foreclosure?? HOA and tax liens, and what else?? (if the bank is the owner I assume it has always been foreclosed)

I have been buying estoppel letters and title searches. I am wondering how can I void this??

THANKS

[Wayne Brooks]

Whether a house is occupied, or not, has No bearing on the new owner being responsible for the outstanding HOA debt. Not sure what situation makes you think that?

I assume you are Not talking about the county (courthouse steps) foreclosure auctions, as the banks don't own these yet.

The actual, individual auction terms for REO's being auctioned by auction.com, hubzu, etc. will determine who pays any outstanding HOA debts, and it varies from property to property within the same auction.