Site Navigation

Investor Information
 Home
 Monthly Update
 Real Estate Articles
 Real Estate Videos
 Real Estate Success Stories
 Real Estate Blog
 Free Investing Books, Audios
 Real Estate Books
 Investing Glossary
 Investing Abbreviations

Real Estate Products
 No Risk Guarantee
 Best Sellers
 All Investing Products
 Real Estate Courses
 Real Estate Audios
 Real Estate Ebooks
 Real Estate Books
 Real Estate Seminars
 Real Estate Games
 Special Offers

Investor Resources
 Hard Money Lenders
 Real Estate Agents
 Handyman Services
 Real Estate Clubs
 Cashflow 101 Clubs
 Business Tools
 Tax Appraisal Districts
 State Property Codes
 State Foreclosure Laws
 Proof of Funds Letter

Discussion Forums
 Networking Forum
 Beginners, Carlton Sheets
 Bird Dogs, Wholesaling
 Foreclosures, Short Sales
 Sub2, Lease Options
 Rehabbing, Landlording
 Financing, Hard Money
 Asset Protection, Legal
 Commercial, Mobile Homes
 Real Estate Marketing
 Random Ramblings

Site Information
 About Us
 Advertise on REIClub
 Contact REIClub
 Link to REIClub
 REIClub Facebook
 REIClub Twitter
 REIClub YouTube
 REIClub Testimonials



Learn Wholesaling
CD's Plus Transcripts
Click Here Now!

--------------------------
REO Experts
Reveal Their Secrets
Click Here Now!


Welcome, Guest. Please login or register.
Did you miss your activation email?
May 24, 2012, 10:55:14 AM

Home Help Search Calendar Login Register
Free Monthly Update
Name:
Email:
Click Here to Register for the Discussion Forums
Real Estate Investing Forums  |  Real Estate Investing  |  Foreclosures, Short Sales, Tax Foreclosures, Tax Liens Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: condo fees (old liens)after tax sale « previous next »
Pages: [1]
Print
Author Topic: condo fees (old liens)after tax sale  (Read 1346 times)
James Engstrom
Member
*
Offline Offline

Posts: 1


« on: November 11, 2003, 02:19:54 PM »

On my "tax repo" list are a number of time-shares and condos: I know the
tax sale will wipe out most of the liens, but what about old condo assosiation and maintenance fees: will they follow me and become encumbrances on my new deed?
Report to moderator   Logged
tedjr
Member
*****
Offline Offline

Posts: 2403


« Reply #1 on: November 12, 2003, 07:22:58 AM »

Condo dues are a strange animal. I believe they stay in most all states if properly filed. Somebody has to pay all the expenses of these associations. They could not survive if the cost was easily erased.

Thank you,

Ted P. Stokely Jr
11505 Sw Oaks
Austin, Texas  78737

512-301-9171 home
512-587-6177 mobile
Report to moderator   Logged

Ted P. Stokely Jr

San Antonio, Texas
DariusBarazandeh
Author
Member
*
Offline Offline

Posts: 36



WWW
« Reply #2 on: December 01, 2003, 01:38:42 AM »

According to the Texas Tax Code an association fee or due will survive the tax foreclosure.

You should factor this amount into your investment analysis and always make sure you contact the association to determine the total amount owed.  

This is not included in the tax suit (typically) and will survive forecloure.
Report to moderator   Logged

Warmest Regards,
Darius M. Barazandeh, JD/MBA
www.theinformedinvestor.com
Pages: [1]
Print 
Real Estate Investing Forums  |  Real Estate Investing  |  Foreclosures, Short Sales, Tax Foreclosures, Tax Liens Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: condo fees (old liens)after tax sale « previous next »
Jump to:  



Login with username, password and session length

Powered by SMF 1.1.8 | SMF © 2006-2012, Simple Machines LLC

 
Anti-Spam Policy | Compensation Disclosure | DMCA Notice | Earnings Disclaimer | External Links Policy | Privacy Policy | Terms And Conditions | View Cart
©2002-2012 All Rights Reserved. REIClub.com