Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

17,844
Posts
15,350
Votes
Chris Seveney
  • Investor
  • Virginia
15,350
Votes |
17,844
Posts

Florida HOA Safe Harbor with Multiple Associations after FC

Chris Seveney
  • Investor
  • Virginia
ModeratorPosted

So I figured I would share this with everyone see if anyone has any experience with this and provide insight:

Backstory, foreclosed on a condo in florida which the original mortgage was only $31k. HOA fees are $350/month but there are 3 HOA's. I asked my attorney (who did not file a motion to determine amounts how much I ow) and he was completely clueless to what the answer was (no surprise honestly).

Anyone @wayne brooks have any comment

  • Chris Seveney
business profile image
7e investments
5.0 stars
16 Reviews

Most Popular Reply

User Stats

486
Posts
214
Votes
Roman M.
  • Investor
  • Miami Beach, FL
214
Votes |
486
Posts
Roman M.
  • Investor
  • Miami Beach, FL
Replied

Its 1% if assoc was named and lis pendens was recorded. I had foreclosed one unit that had $17k condo lien and paid 1% ater FC. Assoc did not want to accept but we filed a motion to determine and judge ordered that assoc is owed 1%. Lien was wiped out by an order. 

Loading replies...