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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: HOA lien after trustee sale BLACKMAIL ! Posted by ray on January 09, 2004 at 7:48 AM In Reply to: HOA lien after trustee sale BLACKMAIL ! posted by Ray on January 08, 2004 at 9:21 PM : I purchased a condo in Nevada at a trustee sale Dec 18 that was foreclosed on by the first mortgage holder. The condo sold for the minimum opening bid, I was aware of a junior lien by the HOA when I bought it. : : My belief was that I would be responsible for no more that 6 months of back dues...I tried to go in and pay it but the HOA said I had to contact the "collection" company they hired to originally collect the debt from the guy that went into forecloser.. : I called them and was told I had to pay $885 dollars to bring it (HOA) current PLUS $877 to the collection company and 150 in late fees!! : They won't release the lien unless I pay so I can't sell it! Am I liable to pay the collection agency's fees?? : THANK YOU!!!!!!!!!!! Thanks Ward for replying....I checked the paperwork and the HOA filed 2 weeks BEFORE the first mortgage. I really don't mind paying the HOA the 6 months but I DO mind paying the collection compant an equal amount... Should I pay it then sue the collection company or still sue the HOA? Thanks...Ray Follow Ups: Checking on the workings of CC&R's in NV.... Ward-CA- 10:35 AM, 01/09/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : I purchased a condo in Nevada at a trustee sale Dec 18 that was foreclosed on by the first mortgage holder. The condo sold for the minimum opening bid, I was aware of a junior lien by the HOA when I bought it. : : : : My belief was that I would be responsible for no more that 6 months of back dues...I tried to go in and pay it but the HOA said I had to contact the "collection" company they hired to originally collect the debt from the guy that went into forecloser.. : : I called them and was told I had to pay $885 dollars to bring it (HOA) current PLUS $877 to the collection company and 150 in late fees!! : : They won't release the lien unless I pay so I can't sell it! Am I liable to pay the collection agency's fees?? : : THANK YOU!!!!!!!!!!! : : Thanks Ward for replying....I checked the paperwork and the HOA filed 2 weeks BEFORE the first mortgage. : I really don't mind paying the HOA the 6 months but I DO mind paying the collection compant an equal amount... : Should I pay it then sue the collection company or still sue the HOA? : Thanks...Ray Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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