The answer to "Will BofA pay for past due HOA fees?" Read it here!

Just got a short sale approval for a condo in Florida. Closing next week, cash!

Sale price is $127,000, deficiency is over $300,000.

BofA is paying $18303 for the past due HOA fees and all of the 2010 taxes!

Replies to This Discussion

Permalink Reply by Janine Donelon on October 15, 2010 at 7:54am

Congratulations on your short sale success. I have tried to get them to pay an assessment of $8500 but they have informed me that Mississippi is not a super lien state. They have informed me that they are not required to pay HOA fees, dues etc in non super lien states. FL is a super lien state.

Permalink Reply by Jennie Blackburn on October 15, 2010 at 8:08am

That is AWESOME!! Who was the investor?

Permalink Reply by Jeff Payne on October 15, 2010 at 8:15am

BOfA portfoilo loan

Jennie Blackburn said:

That is AWESOME!! Who was the investor?

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