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    Public Auction Question

    So, I am desperately trying to unload 2 investment condos before I can file Ch. 13. I can't file before they are out of my name because I won't be able to pay the HOA fees once the ch. 13 is entered into. I am hoping to foreclose (they are WAY underwater), but of course I have no control over the timeline here.

    One of properties, in CA, has an auction date set for Feb 1 (YAY!), but my realtor mentioned something about it not actually being sold then? Will the deed be in my name for some time longer? I was under the impression once it went to auction, I could wash my hands of it.

    Please, please tell me that I will no longer be liable for these ridiculous HOA fees after it has gone to auction .

    Thanks!

    #2
    Anyone? Anyone?

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      #3
      I had investment property in CA that I let go in foreclosure before I filed. The sale date came and went and it was out of my name. There may be reasons that the sale doesn't happen but if it does you should be clear. The bank actually bought mine and then resold it a few months later. May take a while for the paperwork to hit the county depending on where it's at.
      Case Closed > 2/08/2010

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