Updated over 7 years ago on . Most recent reply
Lien Release from mortgage, lien from HOA
Greetings fam,
A lien release (for a mortgage) was recorded a few years ago on a property. Not a certificate of satisfaction, but a lien release. I'm assuming the property was about to be sold in foreclosure or a short sale was in the works. I can not find any record of the bank or owner putting the house on the market though.
I did find a lien recorded by the HOA. This lien was recorded after the lien release.
Can I negotiate with the HOA to buy their lien, and then foreclose on the property? Will that mortgage still be an issue, although it was released? If this strategy is even possible, would I be able to get title insurance?
TIA
Eric