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Updated over 5 years ago on . Most recent reply

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7
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Joe Robinson
  • Rental Property Investor
  • Seattle, WA
1
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7
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How to find HOA leins

Joe Robinson
  • Rental Property Investor
  • Seattle, WA
Posted

I know from the Association financial document that a listing agent shared with me that there are at least some Condos in the association I am interested in buying in that are far behind in dues.

Total delinquent is over $37k for 8 units. How can I find out which units those are and make an offer?

I’m not certain if a lein has been placed yet.

Has anyone tried something similar?

Thanks

Most Popular Reply

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,958
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

If there is a lien recorded you can check with the register of deeds. If not recorded then your need to check with someone on the HOA board of directors.

You could even ask the HOA if they would be willing to start foreclosure on any of these and you pay for the legal fees in exchange for any properties that get foreclosed on. Get a contract. It is a win win for the HOA. If the owners pay to get out of foreclosure then the legal fees should get refunded to you.

  • John Underwood
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