Legal Question in Real Estate Law in California

My HOA forced a sherrif's sale of my home and a buyer purchased it for $10,000. The home is worth around $350,000 and that is the amount of my current loan. Who is responsible for the loan and any real estate taxes that are in arrears?


Asked on 5/12/14, 6:43 pm

2 Answers from Attorneys
Anthony Roach Law Office of Anthony A. Roach

The new owner. If he does not pay either, the government or the lender can foreclose.

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Answered on 5/12/14, 6:50 pm
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

I agree. About the only impact on you might be some additional credit-rating problems.

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Answered on 5/13/14, 3:13 pm


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