There is a home next to us with a lien notice on the door. It has been sitting empty for over a year and I'm not sure on the ownership details. By looking at the notice it seems the lien has been placed on the house by the HOA. It is in the amount of $1146.78. Is it true that you can pay the lien amount for someone and somehow be entitled to the home? How does this work? By the way we're in Arizona.
Thanks!
2007-11-08 07:34:33 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
no, you can't just pay the HOA lien and take title. There may be 10 liens on the property. If there is a foreclosure sale and you buy it that way, different story.
2007-11-08 07:37:53 · answer #1 · answered by wizjp 7 · 1⤊ 0⤋
No, you can't do that. The HOA has placed a lien against the property, and the lien will be paid to the HOA WHEN the home is sold. However, you would have to purchase the home from the current owners at whatever they desire to charge.
2007-11-08 07:39:27 · answer #2 · answered by acermill 7 · 0⤊ 0⤋
If you bought the home you can pay off the lien. There may be other leins on the property too. You can check to see if the property is in foreclosure or if it is up for auction due to back taxes. You might be able to get it for a good deal.
2007-11-08 07:43:46 · answer #3 · answered by Diane M 7 · 0⤊ 1⤋
Ummm ... NO. The lien is placed because that person or entity is "staking a claim" on that property. Why would they let you take it having no claim nor money due you?
And ... why are you reading notices on property that does not belong to you anyway?
2007-11-08 07:39:05 · answer #4 · answered by Anonymous · 2⤊ 0⤋
Safest bet is to check with a real estate lawyer in your area. They would know and be able to advise. $200 - $400 bill is far better than a $20,000 stupid tax.
2007-11-08 07:39:58 · answer #5 · answered by caffine jag 4 · 0⤊ 1⤋