California Tax Deed Sale Where Last Assessee Is HUD

[Desmond Vehar]

Hello,

There is a condo that I'm interested in buying through an upcoming tax deed sale. I've done quite a bit of due diligence. Everything seems pretty solid expect:

1) The HOA has a lien against the property (link). This is not a concern because in CA HOA liens are dropped as part of the auction process, right?

2) The owner is the Secretary of Housing and Urban Development. This came to be after the bank foreclosed on the original owners and then the bank transferred the property to HUD. Property taxes were not paid so the county sent notice saying the property will be put up for auction.

Please let me know what you think about this situation. It seems ok but also a little off.