Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Vehicle in Garage that we are closing on in 2 weeks
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