AOAO Foreclosures Explained (Condo Insider)
Channel: ThinkTech Hawaii
Date: 11/03/2022

Foreclosures Purchased by the AOAO.  The host for this show is Raelene Tenno.  The guest is Na Lan.  

In this episode, we discuss the steps an AOAO would take when a unit owner is delinquent on the maintenance fees, the collection process, and the process up to foreclosure. What happens next?  What does the AOAO now do with a unit they own?  Can they keep it as a AOAO owned unit forever and what happens to any existing mortgage already outstanding on the unit?

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