Beware of Short Sale HOA's

By
Real Estate Broker/Owner with Debbie Jean (DJ) Artrip, Cardinal Real Estate, Northern Mich

Buyers Beware~

When thinking of buying a Short Sale, if there's a HOA (Home Onwers Association), check for the following:

  1. What the HOA's dues are
  2. Are there any delinquent dues
  3. What are the HOA's restrictions

If you purchase a home in a HOA and the dues are delinquent,  YOU will be responsible for them, if they are not taken care of at the time of the sale.

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Michigan Presque Isle County

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Rainmaker
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Dan Edward Phillips
Dan Edward Phillips, Humboldt and Del Norte Counties, CA - Eureka, CA
Humboldt and Del Norte Counties, CA

Hi Debbie, good input for buyers of a short sale.

Jan 23, 2011 02:03 AM #1
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Rainer
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Debbie Jean (DJ) Artrip

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