How to get pay-off from bank on a judicial foreclosure?

[Rashid S.]

Hi BPers,

Looking for some insight, i bought a property at the courthouse steps foreclosed by HOA in a judicial foreclosure. the first mortgage is still alive on it.

The bank (Bank of america) does not want to talk to anyone except the mortgage owner. How can i get them to talk to me, i need the unpaid balance on this mortgage and pay it off so this bank doesnt try to foreclose on the property too.

Btw - as a background, i am quite savvy at title searches since i buy auction properties quite a bit. There are no other liens besides the HOA (which i bought) and other than the mortgage, the title is clean. If i try to amortize and guesstimate the remaining balance and pay it off + the HOA lien i paid off, i still have a good bit of equity in the property but i bought it as a buy and hold so if i break even on equity, i should still be ok.