All Forum Posts by: Abe Alam

Hi folks,

I want to purchase a duplex and each half is owned by someone different. They are selling however at the same time. 

Anyone I can do one closing??

Typically they are. Not sure why you’d have a problem. 

Ok. Thanks @Chad U. 

It looks like the liens I’ve seen have 1st mortgages 

Thanks @Chad U.

I’m not sure if it doesn’t have a 1st mortgage. It may. 

I'm just wondering if not, do I own the property free and clear? (AFTER paying tax and HOA off.)

Thanks @Chad U.

Let's say there's no 1st mortgage. Only an HOA Lien and a Tax Lien. What happens then?

Is the title free and clear if I win the HOA auction?

Does one get the keys to the home when they buy the foreclosed home? Via an HOA auction?

Typically with cash. 

I have never attempted an HOA lien purchase before. What's the point?

I’m not looking to flip, but to rent. 

Hi all,

An HOA foreclosed on a property and it is going to auction in a month or so. How does one acquire the property? The judgement is only for 7k. I'm assuming there's a first mortgage on the home that would need to be cleared as well. The owner also owes taxes that I've identified.

What is the pathway to potentially owning this home? It's an HOA foreclosure.

Thanks