HOA Foreclosure Redemption Period

[Reese C.]

We are looking at potentially purchasing a HOA Lien and had a question about the redemption period. If a lien holder steps up to redeem after our purchase, how much would we be entitled to using the example below? Also if there is a super priority portion like in the example below, are we entitled to the Lien Total or only the Super Priority portion?

Example: 

HOA Lien Total: $5.000

Super Priority Portion (6 Months x $250/mo dues) : $1,500

Remainder: $3,500