Saturday, January 25, 2014

HOA foreclosed my home. They auction opening bid $6125. Wining bid $0. Owner- Bank.To get my home back I have to pay $6125 or did no one bye...

Question

HOA foreclosed my home. They auction opening bid $6125. Wining bid $0. Owner- Bank.

To get my home back I have to pay $6125 or did no one bye the house. Was my mortgage paid off since some bought my house? I know CA has 3 months redemption period, What happens next?



Answer

Your post is confusing. That's because you state that the winning bid was zero, but the owner was the bank. You need to calm down, and sit down with an attorney and go over the facts.



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