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Updated over 7 years ago,
Foreclosure Auction Help Needed
Looking to pick up our first foreclosure at auction June 6.
I had a title search ran by my title company and looking for an expert who can maybe help piece things together. Here's the short version:
June 2011 Purchase by Jane Doe
October 2013 HOA gets a lien filed
March 2014 Judgment rendered to Sherriff
June 2014 sold at auction for nominal amount to "Name of street" Trust
June 2014 Forcible entry and detainer citation
July 2014 Notice of bankruptcy
August 2016 Eviction hearing
Sept 2016 Default judgment for plaintiff
October 2016 Writ of possession unserved
February 2017 ch 13 dismissed for failure to make payments
Jane Doe filed ch 13 in 1998 and 2014. Also filed ch 7 in 2014.
Property is currently owned by "Name of street" Trust
Property taxes current
HOA lien for $2547 + costs/interests from 2013. Called HOA but they wouldn't talk to me and think Jane Doe owns it.
First lien mortgage from 2011
I already own some rentals in this neighborhood and would like more. Before I show up with a cashiers check at the courthouse I'd like to better understand any problems here.
I understand the house may be trashed and there may be cement in the drains and am okay with that unknown. It was built in 2004 and this neighborhood does not have foundation issues so not worried.
Title search available to any expert willing to help sort this out. This will be our first auction purchase if it happens so want a better comfort level.