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Foreclosure Forum |
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Purchasing a condoHi Ward, With regard to purchasing a condo at auction: 1. Unlike an SFR, condos are usually located within a secured building. How do you obtain the key to the main entrance of the building? 2. How should I notify the HOA that I am the new owner as a result of the foreclosure? Is there a form letter I should use? 3. Before the auction, how do I find out what the monthly HOA dues are for the condo? 4. Are there any significant points I need to know about purchasing a foreclosed condo vs. SFR? Any pros & cons or advice? I greatly appreciate it.
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