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Updated 12 months ago on . Most recent reply

Duane Alexander's profile image
Duane Alexander's profile image
Duane Alexander
  • Investor
  • from Atlanta, GA
  • Member since Sep 11, 2020
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253
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239
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Duane Alexander's profile image
Duane Alexander's profile image
Duane Alexander
  • Investor
  • from Atlanta, GA
  • Member since Sep 11, 2020
Connect
Duane Alexander
  • Investor
  • Atlanta, GA
239
Votes |
253
Posts
General Real Estate Investing

HOA Foreclosure and paying off 1st mortgage

Duane Alexander
  • Investor
  • Atlanta, GA
Posted

Anyone know anything about HOA Foreclosures? I know if the previous owner is was foreclosed on had a mortgage then that mortgage survives with the property. My question is if you buy the foreclosure then sell to someone else, can you pay off the mortgage even if it's technically still in the previous owners name? How does that work? Does the previous owner need to authorize a payoff?

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