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Foreclosures
HomeForumsForeclosuresHOA Foreclosed
Justin Morgan's profile image
Justin Morgan's profile image
Justin Morgan
  • Flipper/Rehabber
  • from St. George, UT
  • Member since Nov 1, 2010
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Justin Morgan's profile image
Justin Morgan's profile image
Justin Morgan
  • Flipper/Rehabber
  • from St. George, UT
  • Member since Nov 1, 2010
Connect
Justin Morgan
  • Flipper/Rehabber
  • St. George, UT
112
Votes |
212
Posts
Foreclosures

HOA Foreclosed

Justin Morgan
  • Flipper/Rehabber
  • St. George, UT
Posted Jun 30 2014, 16:58

Have you heard of an HOA foreclosing on a property? (the property has Bank Liens)

This is Utah... NON Judicial foreclosure. The "Notice of Sale" says the HOA is foreclosing based on the CC&R's... I have a hard time believing this is possible but some Trustee did it.

The craziness is this is 3 years ago and the HOA has not done anything with the property. None of my title guys will insure it because of the underlying liens.

Thoughts on this one? 

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