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Updated about 6 years ago on .

User Stats

47
Posts
8
Votes
Greg Lovern
8
Votes |
47
Posts

Non-Judicial Foreclosure After Judicial Foreclosure On HOA

Greg Lovern
Posted

I'm looking at a non-judicial foreclosure auction coming up Feb 15th in King County, Washington State. Last October, there was a judicial foreclosure on the property by the HOA, with a 1-year redemption period.

Suppose someone other than the buyer of the first foreclosure buys the foreclosure coming up next month. What happens? Which buyer owns the property? What happens to the first foreclosure's 1-year redemption period?