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Updated over 9 years ago on . Most recent reply
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Hoa forclosure
Hi everyone
Please help
The Hoa got a final judgment and take the property to the auction
the Hoa was the plantiff !!!
The owner ,the first mortgage and the second mortgage was the defendants
Is it mean that everybody's in the suit and the mortgages would be gone after I purchased the property
couldn't understand the right answer
Most Popular Reply
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I couldn't have been any more clear, I even gave you the exact specifics on the exact HOA foreclosure you purchased. The home has WELL over $500,000.00 in outstanding debt that would have to be satisfied in order to gain clear title.
PLEASE EVERYONE take this as a lesson, LEAVE HOA LET ALONE ALL FORECLOSURE AUCTION PURCHASES TO THE PROFESSIONALS.