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All Forum Posts by: Greg M.

Greg M. has started 1 posts and replied 3 times.

Post: I bought property at HOA auction.....looking for advice !!!

Greg M.Posted
  • Wholesaler
  • Charlotte, NC
  • Posts 3
  • Votes 0

Mary B., When you bought the house in Charlotte, was it a HOA auction? Also the main problem that I am having is getting BofA to accept my money.They absolutely refuse to give any help!!! I'm at a point where I don't know if we should just give up and move or what.Also I did hear from a rep. at another bank that if BofA didn't send someone to that auction then they may have dropped the ball. How did your experience turn out? It seems that I could maybe learn a trick or two from you if you're willing to share...

Post: I bought property at HOA auction.....looking for advice !!!

Greg M.Posted
  • Wholesaler
  • Charlotte, NC
  • Posts 3
  • Votes 0

Steve, yes I have tried contacting the original owner. Unfortunately he's unwilling to cooperate. Also I've spoken with 4 more different real estate lawyers so far today, and they all state that this is something they have never done so they would not be able to help.Very strange .....

Post: I bought property at HOA auction.....looking for advice !!!

Greg M.Posted
  • Wholesaler
  • Charlotte, NC
  • Posts 3
  • Votes 0

I started renting the home my family and I presently live in 5 years ago.Never being late on a payment I started getting forms delivered to my house that stated an auction was to be held for the property.I notified the homeowner and he assured me that this was not a problem and not to worry.After this happened a second time I got a bit curious and made made plans to be in court on the date that the forms provided.To make a long story short, the auction was for a HOA foreclosure.It would have cost my family and I way more money (almost double)to move than what the starting bid was......so I bid,and won the bid!!!! Ten days later the deed was recorded in my name.Now I assumed that all other leins had to be satisfied so that's what I did,except for one that constantly refuses to talk with me....BofA!!!! So far I have been to court (foreclosure) and the judge was even confused as far as what to do about the case,so it was poseponed.She had the strangest look on her face when I showed her my deed showing that I had purchased the property.So far I have contacted quite a few lawyers and no one has a clue of what to do.I am not looking for anything free,I just wanted to save my family .Now I just want to pay for the thing so we can live in peace.Can anyone please help?