HOA Foreclosure

[Kelly Doyle]

Our association foreclosed on 2 condos, there were no bank liens on the properties. Nobody purchased these units at auction so now the association has trustee's deeds. They keep telling us owners that they can keep the profits when they sell these units, but the way I read Washington's RCW the profits have to go back to the previous owner. I don't want to end up paying a large assessment if they take that money and spend it....does anyone know how this works when it's not sold at auction? I want to protect myself as an owner and not trust the lawyer the association has (but can't afford one myself).