Analysis help of a deal from auction website

[Dominik Gajor]

I've been following the forums and listening to podcast for some time now. I slowly want to apply theory of what I've learned into an action. 

Please forgive me if some of those questions might be hectic or not in order but trying to find some answers. I found this condominium on the auction website, they even listed title information there (not sure how common that is, posting a copy of the title as well). From looking at the title how do I know what type of sale is it? On the front page of auction website it says it is a Bank Owned Condo, but I cannot find any details once I click on the property being sold. When I was looking at the title, it mentioned bunch of liens for the HOA ($4K in 2012, $13K in 2014, and $20K in 2015) and in the description it says "Any delinquent HOA/COA assessments shall be paid in accordance with the applicable Purchase Sale Agreement."

I researched a little bit more and found out that in NJ if the auction is for the HOA foreclosure, mortgage is superior to HOA. Meaning if bank forecloses on the loan, house will go to the new owner. Also heard people make some money trying to rent the houses/appts in the mean time until mortgage foreclosure happens. Honestly I'm not looking for this type of arrangement I'm trying to figure it out is it being sold because of the bank/mortgage foreclosure or HOA foreclosure. I have no interest going after HOA foreclosure at this time.

My goal for this property is to flip it maybe rent is as an exit strategy. Currently property looks vacant. My wife worked in the credit collection and was able to trace the owner to a new address. Don't ask me how she did it but she has her ways. I'm not even asking how, I know she's good at it.

Questions:

1. What type of sale is it?

2. Can I determine type of sale from title information?

3. What happens to HOA liens if Bank Owned property is sold?

4. Do these HOA liens are added all together or the one from 2015 is the most current one?

5. HOA foreclosure will only get me a deed to the property temporarily until bank sells the loan?

6. Is there anything else I need to investigate?