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Updated almost 9 years ago,

User Stats

24
Posts
26
Votes
Nick Schroeder
  • Investor
  • Cape Coral, FL
26
Votes |
24
Posts

Vehicle in Garage that we are closing on in 2 weeks

Nick Schroeder
  • Investor
  • Cape Coral, FL
Posted

Good evening BP followers.

We are closing on a property in about 2 weeks. The owner had passed away about a year ago and family members are now selling the property.

In the Garage is a vehicle that belongs to the bank. The listing agent has informed me today that IF i want to get the car I will have to pay the bank $10.000,00 by the end of this month or $12.000,00 next month. The car I estimate is worth only between 3k-5k, so no way I would pay 10k for it.

What can I do should the car be still in the garage after closing? Can I charge the bank storage fees until they pick it up? Is there a maximum $ amount per day I can charge?   I live in Florida btw.

Any advice would be highly appreciated.

kind regards

Nick

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