Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on .

User Stats

3
Posts
0
Votes
Adam Laczo
  • Fullerton, CA
0
Votes |
3
Posts

Is HOA Backpay and Personal Judgment $ Negotiable?

Adam Laczo
  • Fullerton, CA
Posted

Been looking into a nearby property which, by the price, looked enticing. Other similar units in the same area were 50-60K more. I have recently learned that this particular condo unit has $29,000 owed to the HOA and a $12,000 personal judgment from the Bank who it is now owned by.

My question is, can these costs be negotiated? I assume that the lower *listed* price of the unit is there to off-set these other fees that the buyer would ideally have to pay.. but is this something I could/should bring to the table for negotiation?