When a Board becomes aware of a Public Trustee foreclosure proceeding, their first question is usually “What does this mean for us?” If the homeowner is delinquent in their assessments, then the Association has a lien against the property. Assuming it is the first mortgage foreclosing against that homeowner (as opposed to a second mortgage), once the foreclosure sale is completed, the Association’s lien will be extinguished with the exception of the superlien.   Read the article……………………..