Florida  |  Real Estate Law

Legal Question

Asked on: 8/07/13, 1:42 am

In foreclosure of a timeshare by the HOA for unpaid assessments, does this wipe out all other liens to the property? I see a mortgage for this property (funded by the timeshare developer) when it was filed, but there is no lien filed for it -- does this get wiped out upon sale?

It is a relatively low $ property (<$1000) and I'm willing to gamble, but would like to do some due diligence to figure out if I might get burned here.

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