[cv2]

The loan was approved. We signed the escrow paper, which we had three day to change our minds. So the loan was suppose to close three days later.

Good to know that the lender has to honor their commitment.

Thanks!

[cv2]

The loan was approved. We signed the escrow paper, which we had three day to change our minds. So the loan was suppose to close three days later.

Good to know that the lender has to honor their commitment.

Thanks!

[cv2]

[quote=kelly]I actually covered the foreclosure/HOA issue in a story recently. Here’s a link.

…

Neuman at Gaslamp CitySquare said he’s filing personal judgments against the former homeowners who left the building’s association high and dry when they defaulted on their units. If they buy anything in San Diego County or sell another property, the HOA has a right to be repaid.

Such a judgment costs $500 to file, a cost many boards don’t want to undertake, Neuman said.

“But if a guy owes $5,000 you may as well throw $500 after it,” he said.
[/quote]

Great article!

Thanks!

[cv2]

[quote=kelly]I actually covered the foreclosure/HOA issue in a story recently. Here’s a link.

…

Neuman at Gaslamp CitySquare said he’s filing personal judgments against the former homeowners who left the building’s association high and dry when they defaulted on their units. If they buy anything in San Diego County or sell another property, the HOA has a right to be repaid.

Such a judgment costs $500 to file, a cost many boards don’t want to undertake, Neuman said.

“But if a guy owes $5,000 you may as well throw $500 after it,” he said.
[/quote]

Great article!

Thanks!

[cv2]

[quote=kelly]I actually covered the foreclosure/HOA issue in a story recently. Here’s a link.

…

Neuman at Gaslamp CitySquare said he’s filing personal judgments against the former homeowners who left the building’s association high and dry when they defaulted on their units. If they buy anything in San Diego County or sell another property, the HOA has a right to be repaid.

Such a judgment costs $500 to file, a cost many boards don’t want to undertake, Neuman said.

“But if a guy owes $5,000 you may as well throw $500 after it,” he said.
[/quote]

Great article!

Thanks!

[cv2]

[quote=kelly]I actually covered the foreclosure/HOA issue in a story recently. Here’s a link.

…

Neuman at Gaslamp CitySquare said he’s filing personal judgments against the former homeowners who left the building’s association high and dry when they defaulted on their units. If they buy anything in San Diego County or sell another property, the HOA has a right to be repaid.

Such a judgment costs $500 to file, a cost many boards don’t want to undertake, Neuman said.

“But if a guy owes $5,000 you may as well throw $500 after it,” he said.
[/quote]

Great article!

Thanks!

[cv2]

[quote=kelly]I actually covered the foreclosure/HOA issue in a story recently. Here’s a link.

…

Neuman at Gaslamp CitySquare said he’s filing personal judgments against the former homeowners who left the building’s association high and dry when they defaulted on their units. If they buy anything in San Diego County or sell another property, the HOA has a right to be repaid.

Such a judgment costs $500 to file, a cost many boards don’t want to undertake, Neuman said.

“But if a guy owes $5,000 you may as well throw $500 after it,” he said.
[/quote]

Great article!

Thanks!

[cv2]

Thanks Kelly.

If it is too late to ask another question:

What’s the impact of foreclose and short sales on condo/townhome homeowner associations? What’s the percent of HOA that fully funded their reserve funds? What can HOA do to survive in this tough environment?

Thanks!

[cv2]

Thanks Kelly.

If it is too late to ask another question:

What’s the impact of foreclose and short sales on condo/townhome homeowner associations? What’s the percent of HOA that fully funded their reserve funds? What can HOA do to survive in this tough environment?

Thanks!

[cv2]

Thanks Kelly.

If it is too late to ask another question:

What’s the impact of foreclose and short sales on condo/townhome homeowner associations? What’s the percent of HOA that fully funded their reserve funds? What can HOA do to survive in this tough environment?

Thanks!

[cv2]

Thanks Kelly.

If it is too late to ask another question:

What’s the impact of foreclose and short sales on condo/townhome homeowner associations? What’s the percent of HOA that fully funded their reserve funds? What can HOA do to survive in this tough environment?

Thanks!

[cv2]

Thanks Kelly.

If it is too late to ask another question:

What’s the impact of foreclose and short sales on condo/townhome homeowner associations? What’s the percent of HOA that fully funded their reserve funds? What can HOA do to survive in this tough environment?

Thanks!

[cv2]

During the recent rent survey, the rent decreased for the first time in a long time. I want to know, if this is the beginning of a new downward trend in the rental market. In his opinion, is the rent decrease caused by the first time home buyers are jumping into the market to buy their homes due to the incentives offered and low mortgage rate?

Thanks.

[cv2]

During the recent rent survey, the rent decreased for the first time in a long time. I want to know, if this is the beginning of a new downward trend in the rental market. In his opinion, is the rent decrease caused by the first time home buyers are jumping into the market to buy their homes due to the incentives offered and low mortgage rate?

Thanks.

[cv2]

During the recent rent survey, the rent decreased for the first time in a long time. I want to know, if this is the beginning of a new downward trend in the rental market. In his opinion, is the rent decrease caused by the first time home buyers are jumping into the market to buy their homes due to the incentives offered and low mortgage rate?

Thanks.

[Author]

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