Nov
16
SHORT SALE STORY (CONT… #3)
ByClient X: “I found out today that my HOA plans on suing me and attempting foreclosure on my property if I don’t pay them in full plus any penalty fees I owe them. I’m hoping that this will be taken care of by the attorney I hired to go through the short sale process on the home. The bank has also filed foreclosure on the house so I feel like it is now crunch time on getting the house sold. It’s frustrating because all of these people want their money and if I had the money to give them I wouldn’t be selling the place to begin with. I don’t think it’s a hard concept to understand.
I was told that there is just one item to be taken care of on the realtor’s side of things and then it will officially list. I mentioned the sale of the house to a few people that dabble with investment properties and they are both interested in putting in a bid when we do officially list the house. It would be kind of nice to know that the house is going to someone I know that will take care of the place since I put quite a bit of hard work into it. However, when it comes down to it I want to get the best bid possible. We definitely made the house look pristine before I got all moved out. It is impressive how much a coat of paint and detail oriented cleaning will do for a place. I honestly believe that whoever sees this house will love it.
My neighbors were all shocked when I told them I was moving out. I was honest with them and told them all that I couldn’t afford the house or the increasing HOA fees that I rarely see any benefit from. I suppose the two neighbors that were on the board may have been offended by that but its good that they know their fees are contributing to people losing their houses. They are all good people with good intentions but sometimes the best of intentions still have bad outcomes.”