I'm the Pres of a small HOA, one of our resident's house was sold at public auction last month. The company that bought it was:
GB Inland Properties, II, LLC at 110 Lincoln Ave #100, Corona, CA 92882
They haven't contacted us about opening an escrow, and frankly with a public auction, I assume they paid cash, and may not need an escrow, I don't really know.
I'm suing the former owner in Small Claims court for about $5K in back dues and interest and penalties. I have a court date of March 4, 2013.
Normally, when a house is sold we get requests from escrow for CC&Rs, etc. Along with a request for outstanding dues. To date nothing.
I'd like to hedge my bets and try and collect the back dues+ from the buyer who I imagine will fix it up, and flip it. The interior/exterior of the house are a mess.
I can write the buyer, an investment company, a letter, certified,but I'd like to talk to them first. I've goggled, yellow and white page.com their name and can find a lot about them, regarding public auctions, but can't find a phone number.
1. Any thoughts on finding a phone number,
2. If a public auction, do they have to open an escrow,
3. Can I legally hit them up for the $5K the previous owner is liable for.
They left the doors and garage doors open and seemed to walk away yesterday. My brother, who lives on the street and I entered to secure the place.
Here are a few pics of the interior, the exterior looks just as bad. I'm guessing the average house of the street is currently worth $650K-$800K. He owed $500K and it sold at auction for $319K. They'll have to dump a good $75K into it to make it desirable to sell.