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All About Unpaid Common Charge Foreclosures FAQ
FAQ
Are foreclosure auctions for unpaid condominium charges conducted like mortgage foreclosure auctions?
Yes.
If I am the successful bidder at an auction
for the foreclosure of unpaid common charges and there is an open mortgage
against the condominium unit that I bid on, when will I have to pay that
mortgage?
When you close in 30 days.
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