HOA Foreclosure- Mortgage Payoff

[Joshua Walters]

I bought this home from an HOA foreclosure auction. The house is worth $650,000 (conservatively). The previous homeowner took out a mortgage for $275,000. Since I bought it from an HOA foreclosure auction, I know the mortgage is a surviving lien on the property. My question is, do I have the right to payoff that mortgage? Also, do I have the right to get more information about the mortgage (like the balance, payments, etc.)? Thanks :D

[Justin S.]

I think he actually owns it after the foreclose sale but cannot transfer clear title until the liens are satisfied.

Joshua, let us know how the negotiations work out. I think I would have done a normal counter but I'm interested to see if your tactic works.