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Updated almost 10 years ago on . Most recent reply

User Stats

46
Posts
10
Votes
Beau Miller
  • Residential Real Estate Agent
  • Lakeland, FL
10
Votes |
46
Posts

Short Sales & HOA Dues Florida

Beau Miller
  • Residential Real Estate Agent
  • Lakeland, FL
Posted

Does anyone know if unpaid HOA Dues, Fees, etc. survive a short sale. I'm guessing they would, unless negotiated during the Short Sale, but wanted hear some opinions on here. Thanks!

Most Popular Reply

Account Closed
  • Investor
  • Central Valley, CA
3,729
Votes |
6,037
Posts
Account Closed
  • Investor
  • Central Valley, CA
Replied

A short sale is just a sale with a discounted payoff to the lender. It's not like a judicial foreclosure where it wipes out/off any debt from title. There's usually an escrow and title insurance involved. IMO the goal would be to get any past due dues/fees paid as part of the sale. Lots of lenders won't go for it, but you may be able to get the seller to pay. You you may be able to negotiate a discounted payoff with the HOA.

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