HOA foreclosure in CA

[Matt Pfefferlen]

If there are no other liens after the HOA which in this case is foreclosing, does the homeowner get the excess funds from a bid greater than what is due to HOA? I imagine that is how it works, but seems a bit non-sensical given redemption right. Let's say HOA is foreclosing on $20k but I win bid at $40k. The homeowner can redeem by paying me back my 40k but does homeowner get that excess 20k which he then turn around and use to pay me the 40k?