[quote=SDisGreat]The listing agent said that due to the reo and ligitation, an ALL CASH offer will only be accepted.
In that case, what do you think of getting the place for 200K?
However, if we are going to have problems with an underfunded HOA, are the HOA prices going to skyrocket to make up for the REOs who are not paying their monthly HOA fee?[/quote]
Probably not skyrocket.
Probably there will be a special assessment or an increase.
Review the condo docs carefully if you end up in escrow.
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