Does anyone have any knowledge or 1st hand experience with purchasing a bank-owned property that is occupied? This is in Pennsylvania..IE; what's involved in the purchase process and how the occupants can affect it, a...

The property is now being auctioned and the FINAL SUMMARY JUDGEMENT OF FORECLOSURE mentions the mortgage lender as the Plaintiff and the HOA as the Cross Plaintiff.  

In talking to a few lenders in the area it seems that many of them look at a delinquency on payments that is long enough to cause an NED to be the same as a foreclosure in lending terms.  

My aim here is to learn as much as possible with the detailed knowledge of real estate terms and all the different types of foreclosures, mortgages and buying and selling problems especially home owners face or people who face bank interventions for forced home foreclosures.

I just found out today that my offer for a foreclosure was accepted by the bank...I intend to purchase the property with an FHA construction loan which requires me to live in the house and begin construction within 30-45 days of closing.However,  there are tenants in the house that have a lease with the previous owner that goes through August 2016.  

Be prepare to come up with $ after foreclosure, & have a exit strategy before buying any liens.

Look up Ma foreclosure process on google.

I have been door knocking on homes that just received notice of entering the foreclosure process, so far only been targeting those with equity taking into account closing costs and REALTOR® fees.

Poor management has put the real estate trust that owns it behind on taxes and facing a tax foreclosure.  

Some people find they are forced to sell if they can or even let their properties go into foreclosure because they cannot afford both the mortgage of the new significantly higher HOA dues.