I am in CA and own a condo that is in foreclosure.
Here is my background story: my home has been on the market for 9 months and fallen out of escrow twice during that time. I have a 1st loan in the amount of $190K and a 2nd for $15K. The 2nd lender filed a NOD 90 days ago and I have a NOS date for 24 days from now. Since then, I am also 60 days deliquent on my 1st loan. The 2nd lender has agreed to postpone sale if I enter into escrow before the NOS date (he is just protecting his debt recovery). Another condo is REO going for $275K-so I have some equity in my place! However, I owe ~$40K in back HOA dues/assesments (3 big assesments!).
My question is: If my condo doesn't sell before the foreclosure sale date, then does the HOA debt convey with the condo and be automatically paid-off with auction sales profits? Also, if there is any money left after lien-holders are paid will I see any of it?

