Past due HOA fees on just purchased property.
I recently purchased a SFR property near Ft Myers, FL at auction. It was a foreclosure property purchased through a sheriffs sale. I completed a normal title search and upon sale purchased a title policy. I have a clear title.
It is in a gated community, I contacted the HOA to get set up with them and now find that there is a little over $4,000.00 in back HOA fees that they are looking to me to pay. These fees go back over a year.
My question is: Has anyone had experience with a situation like this, am I am just going to get stuck paying these fees?
Most Popular Reply
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,512
- Votes |
- 23,418
- Posts
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
@Larry Ott Yes, in Fl the his debt stays with the property after a bank foreclosure, whether there was a lien filed or not. I bought a personal home there in 2010, same thing....$3,200.
Some will say contact your title insurance, but I’m sure there was an Exception, in either the A or B section, since the title company obviously knew you bought at a foreclosure auction.
Lee county was much more fun when the auctions were still live, and they had 150 houses a day.