How does a HOA collect unpaid dues for a home which will be sold at an auction?
If an individual purchases a home at an auction, is he responsible for paying past due HOA dues?
Answers (2)
If the house is being foreclosed on and sold at an auction... your HOA lien would be one of the liens at the bottom of the priority list... in other words, .. don't count on collecting. We have a couple of similar situations in my HOA. Gotta weigh the choice of spending money paying an attorney to file the lien with the very low probability of actually collecting.
FIRST ANSWER
They can get a judgement against the owner and take a lien on any property that they own.
Web Reference: http://SeattleHome.com
Didn’t find what you were looking for? Ask a question!
Ask a question
Got a real estate question? Get answers from locals, experts and real estate pros.
Email me when…
View all »
1 - 3 of 4
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback