What happens to the HOA lien when the first mortgagor forecloses, in Florida ?
I am interested in buying a home from HomeSearch and I have reviewed the Lis Pendens from the court records. The LisPendens did include the HOA as a defendant. The bank was given has a certificate of title on 03/2014.
So I am just unsure if i will be responsible for paying off the HOA liens that were filed. The HOA filed liens on 01/2007 for $850, 03/2008 for $2068, and 12/2011 for $ 8300. I assume it reached to $8300 because of a 18% interest per annum for unpaid debt.
If I win the bid, can the HOA foreclose on me since the house will have equity to them, or was the HOA lien wiped out during the Lis Pendens, or will they send me an updated bill ?