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Updated over 6 years ago on . Most recent reply

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Chris Seveney
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Chris Seveney
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Chris Seveney
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Tax Liens & Mortgage Notes

Florida HOA Safe Harbor with Multiple Associations after FC

Chris Seveney
  • Investor
  • Virginia
ModeratorPosted

So I figured I would share this with everyone see if anyone has any experience with this and provide insight:

Backstory, foreclosed on a condo in florida which the original mortgage was only $31k. HOA fees are $350/month but there are 3 HOA's. I asked my attorney (who did not file a motion to determine amounts how much I ow) and he was completely clueless to what the answer was (no surprise honestly).

Anyone @wayne brooks have any comment

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Roman M.'s profile image
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Roman M.
  • Investor
  • from Miami Beach, Florida
  • Member since Feb 24, 2016

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Roman M.
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  • from Miami Beach, Florida
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Roman M.
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  • Miami Beach, FL
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Roman M.
  • Investor
  • Miami Beach, FL
Replied

Its 1% if assoc was named and lis pendens was recorded. I had foreclosed one unit that had $17k condo lien and paid 1% ater FC. Assoc did not want to accept but we filed a motion to determine and judge ordered that assoc is owed 1%. Lien was wiped out by an order. 

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