All Forum Posts by: Kailani Tom

I'm hoping they sale the home so that it will take care of my mortgage on it...its crazy how in 5 years this house went from not having any equity to having close to 200,000.00 in equity. I don't care about any of that I just want to be done with this mess and move on from it. the court process has started already and hoping that it will be foreclosed within the next year, I still don't understand why the LLC is holding on to it when they would make more selling it.

@Elijah F. sorry I don't know how to PM you on this anyway it's Kapolei Parkway Properties LLC

thanks Tom well i think the LLC is waiting it out and milking it, the home is definitely worth more than what I owe in mortgage so the LLC is sitting pretty for right now, I just need this situation done so that I can get back on track..

Thank you Elijah...I have tried to talk with the LLC and no response which im not surprised about...so basically there are no other options to this property but I will need to file something because the lender is not willing to foreclose yet and Ive been dealing with this for a while now and i want it done. just a hypothetical though if the home is paid off by new owner would that wipe out the title of the LLC or would that be another issue to take up or would all that be taken cared of in Escrow?

the bidder was an LLC, and Im assuming because hawaii is a super Lien state, the HOA would be first at the time?

heres the situation, about 4 years ago due to of course unforseen circumstances we walked away from our home, we did talk with a bankruptcy attorney at the time and he suggested we walk away from the home because at that time the home was not worth what we had paid for it(home is in Hawaii). He did say that if the mortgage company comes after us then we will deal with it then. Heres my dillemma:

when we walked away from the home,, it was during that time the HOA foreclosed on property, however the Lender is still saying that I because they have mortgage I still own the property and for the past 3 years are wanting to work with me on saving the home. I keep telling them that the HOA has foreclosed on it and that I dont own it anymore. The Lender keeps insisting I do and has even sent me paperwork readjusting my mortgage payments, the lender continues to pay taxes and insurance on the property. My husband and I are in a better financial situation now and we would like to buy another home within the next year or so, but this mortage keeps coming up? I guess my question is:

1. is there a way for me to get back this home? even with the HOA already foreclosed on it about 3 years ago.

2. the lender has not foreclosed on me and still wants met to save the home.

3. what are my options at this point, because this is the only thing thats holding my credit up?

so confused at this point...