Hi Guys,in FL,HOA is foreclosing on a house in a week - Lien of 25k.the property also has a 1st position loan (Reverse mortgage)  that also just started proceedings with no set date or "Final Judgement" numbers yet.On the details of the 1st reverse mortgage foreclosure, its only mentioned that there is 320k principal balance due.The original note of the 1st was issued 2009, with a total sum of 650k, payble up to 2081 (!!).

If we determine that your dwelling should not be occupied because of damage or risk to property, health, or safety, we may, at our option, terminate this lease. 

Feel free to ask more questions or share more details if you need further advice.

Please provide your details to contact so i can contact you.

Chris, thank you so much for breaking everything down with all that detail.

My property manager is getting old and is having health issues.

I created a detailed BRRR excel spreadsheet to analyze deals.

Some states require an established relationship with the health professional, not just one evaluation, but many others, it’s just a letter from a professional if disability and/or reason for animal is not readily apparent.

This is an important enough detail that is quite impactful if missed.

What I’ve learned in Subto, is that no contract is the same and the devil is in the details.