Updated almost 11 years ago on . Most recent reply
Buying from HOA
I'm not familiar with how foreclosures work and was wondering if I should pursue this property.
property was sold for $249,900 in July 2004
HOA has attained title, I am assuming they have foreclosed on the property and this is not just a lien, this was in may 2013
Tax is current and not due till 2015
tax records assess property at $404,800
trulia has it at $382,800
so my question is that if HOA has the title that means that they already foreclosed and I can go directly to them to purchase? How can I find out which bank holds the mortgage and will they let me do take over payments?