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florida statutes short sales: Short Sales and Condo Dues: The Next Generation of Junior Liens - 06/17/09 07:03 PM

In Destin, Florida, and around the country, as time goes by with short sales, a new problem is growing--  unpaid condo association dues.  I currently have two short sales pending with with over $20,000 in unpaid association dues.  Short sale mortgage holders are growing weary of paying these huge back-fees to facilitate a short sale.  Sure, I've had $10,000 or $12,000 paid to satisfy associations in short sales before.  But the longer the short sale or bank action takes, the more the dues will start piling up.   Now I have Bank of America balking at paying the association dues on a $300,000 Destin short sale.  They want my … (14 comments)

 
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Wendy Rulnick "Its Wendy!" Destin FL Short Sales

Destin, FL

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Rulnick Realty, Inc.

Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

Office Phone: (877) 487-9639 x 204

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The market. Smart sellers. The Emerald Coast of Florida.


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