Foreclosure in 96789 : Real Estate Advice

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Thom Colby, Real Estate Pro in Irvine, CA
Thom Colby answered:
Bankruptcy attorney is no help. He got his $$. Any ideas on how to eliminate my liability on HOA dues & Property taxes until bank decides to?
Lpt

The HOA fees remain with the property as do the taxes. It's likely no one will buy this property unless those items are cleared. Further, a Deed in Lieu is a good alternat ... more
0 votes Share Flag Mon Jul 15, 2013 Foreclosure in 96789
Caroline M.…, Real Estate Pro in Honolulu, HI
Caroline M. Miller (R) answered:
I declared bankruptcy in Dec 2009, final Feb 2010. I am still getting bills for the HOA. Am I still liable? How do I quitclaim property back to bank?
Aloha. I am very familiar with your situation, and yes HOA dues do not get dismissed! However, the HOA's can be settled in a short sale. Often times your BK attorney will not an ... more
0 votes Share Flag Mon Jan 24, 2011 Foreclosure in 96789
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