Arizona Super Lien State? HOA Foreclosure?

4 Replies

@Brandon Witt An hoa can foreclose on a property for non payment of dues without regard as to whether they are in a Super Lien state.  Also, being in a Super Lien does Not mean their foreclosure wipes out any exiting mtg.  I think there are like 15-20 Super Lien states in regard to hoa’s, but in only a couple of states does their foreclosure wipe out a first mtg, and with certain restrictions.

One the biggest mistakes beginners at auctions make is buying an hoa foreclosure and not realizing the mtg stays with the property....then getting foreclosed on by the bank.

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