Friday, 21 November 2014

I'm undergoing a short sale of a FL condo I own. All is in place to close except for HOA fees.The HOA incurred $650 in attorney fees which t...

Question

I'm undergoing a short sale of a FL condo I own. All is in place to close except for HOA fees.

The HOA incurred $650 in attorney fees which they charged to my account.

In Mar'15, the foreclosure process began. I didn't respond to the notice I rec'd since I had already submitted an offer from a buyer to bank, the bank confirmed receipt of my finl info and said that they would halt the foreclosure process while they considered the short sale.

However, the HOA rec'd a summons re foreclosure, and they incurred attorney fees to respond.

Am I obligated to pay for these atty fees?



Answer

Unfortunately you will be responsible for these attorneys' fees. Hopefully you are able to get the lender to pay them to complete the short sale. If not at times you are able to get the buyer or realtor or title company to take a hit and pay al of some of the fees. Regardless, you will have to get the HOA satisfied to close on the short sale. Let me know if I can help any further. Justin Clark www.youhavepower.com



No comments:

Post a Comment