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Updated over 9 years ago,

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Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
1,451
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1,723
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Tax Liens & Mortgage Notes

HOA Lien/Dues at foreclosure

Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Posted

I'm analyzing a 1st position NPL to buy for which the current note holder has started foreclosure. I found out that there are about $5600 in unpaid HOA dues and I found an older lien on the property from the HOA for $2000 (included in the higher figure). The home is located in WA state. For my calculations, will I be required to pay the HOA dues at FC or will these be attached to the former borrower?

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