California HOA foreclosure

[Heblin Villa]

Is there a way to estimate a default amount from a senior mortgage lien before biding at the HOA foreclosure sale ?

[Account Closed]

If you are bidding at an HOA foreclosure sale, you should have done a title search or gotten a title report. That should give you the amount of the loan when it was made. Is there a Notice of Default filed? If so, that will include the amount due to reinstate (at that time). Is there a Notice of Trustee's sale filed? If so, that gives the total amount due to save it from trustee sale. How do you know the loan is in default?

If you are not familiar with the terminology used above, I suggest you don't yet bid at sale.