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Updated almost 6 years ago,
HOA Foreclosure Auction
I won a bid in FL on a HOA foreclosure that has no mortgage. I found out after there is another association where there is a 32k balance I have to pay. I had a few questions.
1. If I just let it go back to foreclosure can they come after me post sale for any deficiency of judgement?
2. I bought it in my name I do not have title yet I should be getting that in a couple weeks. When I get title should I quit claim it to a LLC I own?
3. Do you think the association will negotiate with me.
Thank you for any help you can give.