The title should be cleared by the sheriff unless you hear them say "subject too" that means there may be another mortgage or lien on the property.  

Unless the party who lost the property can prove they paid the HOA and the sales should have been terminated anything short of that is a different subject and the HOA has no need to follow a RE contract.If the bank wanted to do something they could have paid the HOA lien in full added it to their debt and then negotiated further.At least that's how I see it

I was just reading a good BiggerPockets post on this subject yesterday by Gordon Vaughn:https://www.biggerpockets.com/forums/20/topics/286...Wishing you success!

Or  can you do a subject to existing financing with 10% down of his equity position and have them hold a second for the balance.

HiI was wondering if a pre-sale of a property, or selling shortly after it is constructed and move in ready, is subject to the same tax laws the same as a flip?

@Stanley Kong  There are disclaimers on listings.. any item on a listing is subject to second party verification.I really like the big bold one on the Charleston SC MLS system" if square footage is important measure"  this clearly denotes sq. ft. is estimated if you want it exact you need to do your own measuringIn the foreclosure or distressed asset business some of the best deals are when the bank or seller mis states sq ft..

For more on this subject check out the Youtube videos of Peter Schiff.

We have handled many accounts that have been subject to QDROs which is  a little different when you have a LLC in the mix. https://www.dol.gov/ebsa/publications/qdros.html

There is nothing wrong with putting in offers subject to inspection IF you don't tie it up for a long time with no intention of closing (only assigning the contract).

Thanks to all for their share on the subject and Jay I want to single you out on your response and asks you for some guidance on these 2 things:1).