Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Hoa foreclosure on a probate property
In florida i came across a nice home on the foreclosure list. It is in a local gated community and the HOA is foreclosing and it is in an Estate. As I did basic research on the person it appears, but not guarenteed, to not have a mortgage. The amount owed is about $25k n the value of the home after rehab would be est. $200k. If i were to bid on this property are there any dangers to look out for? Would house then be out of probate?