HOA Super Lien
Washington is a Super Lien state? I just heard this.
Can HOAs lien and foreclose on unpaid dues ahead of the first mortgage holder?
Please school me on this.
Has anyone here on BP acquired a property by buying off an HOA lien? Do you face the same challenges as you might when you buy tax deeds? i.e. difficulty getting title insurance? Is a quiet title lawsuit needed? Does any WA attorney here on BP specialize in quiet title actions?
It can actually get a little complicated in Washington depending on which act the structure falls under and what the procedural history is.
Most commonly though the HOA's CC&Rs include a clause subordinating HOA liens to a lender's mortgage.
Some more info on this. As Bryan said, it can be complicated.
http://www.reapsweb.com/hoa-foreclosure-auctions-let-the-buyer-beware/?reapsweb/XHhk_(REAPS_-_Real_Estate_Association_of_Puget_Sound)
