condo association: When HOA Directors Complain That a Short Sale is Priced Too Low
- 10/20/17 03:58 AM
Fact: Short sale properties sell for less than market value. Fact: Neighbors do not like when a home sells that can lower the comps of the neighborhood. Fact: HOA Directors by job definition have their noses in other people's business. Fact: HOA Directors sometimes complain that a short sale in their community is priced too low. Fact: The seller needs relief from the mortgage payments and the HOA fees and needs the property sold. In a short sale, usually, the price is not the seller's main concern. So how does the Realtor explain the lower price when accosted by the HOA Directors? Fewer buyers will be (9 comments)