And therefore, my obligation to pay the HoA fee's is done? I have heard 2 things.
1) Not until the bank that forclosed finds a new owner and actually SELLS it to them
2) After the forclosure process, when the bank takes ownership of the house and kicks you out.
I was led to believe it was option 1 because I've heard horror stories where peolpe get kicked out by bank, and then 3 years later get a court letter saying that need to show up to court because their property is not up to city code and they've come to find out that yes, the bank forclosed on it, but since they never sold it to anyone else, that owners name was still on the property.