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Updated about 8 years ago,

User Stats

101
Posts
28
Votes
Himanshu Jain
  • Real Estate Agent
  • Chesterfield, MO
28
Votes |
101
Posts

Creative Selling/Ownership

Himanshu Jain
  • Real Estate Agent
  • Chesterfield, MO
Posted

I have run into an HOA issue - I have leased a townhome to a tenant and I leased it with verbal consent form one of the board of directors of the HOA. Now the association is saying I cannot lease the property as I did not provide them all the details in time. The tenant is interested in buying the property but she is going through the divorce process and cannot get financing right now.

Is there a creative way to sell the home to her not going through the financing process? I have heard about subject to a lot. Just wondering if that could be an option here for me as the seller, what would be some of its downside in this case? Do you know of any other creative was to address this?

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