Tired Of Dealing With HOA Fees
June 25, 2010 / /
http://kevinandfred.com/power-h…
Kevin and Fred discuss a recent trend in short sale negotiations, the Homeowners Association debate. Just one more piece of the short sale puzzle that has to fit somewhere
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About the Authors
Kevin Kauffman & Fred Weaver
Kevin and Fred the founders of Group 46:10. Over the last 10 years Kevin and Fred, and their team have closed tens of millions in real estate all over the country and have created some of the best training for agents in the market. Kevin and Fred are also highly sought after teachers whose work has helped agents all over the country build their own next level real estate business.
In FL – they are getting full payoff from the banks at foreclosure. This is why they dig in and they use an obscure law that supercedes the 6 month or 1% of mortgage statute.
I try to convince them – Hey, I can put a paying customer in that unit within a week. Sometimes it works, depends on how many units they have in delinquency.
But its not the HOA’s – its the HOA attorneys who paper to infinitum and are winning.
Tell your sellers to stay up on their HOA fees.
That’s the best advice right there – tell your Sellers to stay up on their HOA payments!
So what was the “treat”?
Yes, I always tell my sellers they MUST stay current on their HOA fees because the bank probably won’t pay it and the deal will be lost in the final hours.
You two guys were pretty crazy in this video. Yes, those of us who love you (only 3?) watched through to the end. Thanks, as always, for the great information as well as the entertainment. :-):-):-)
Barbara Rice
Las Vegas / Henderson, NV
Great video guys! Talking about Chase, We have some jacked up situations where decisions are made at the emotional level! Keep up the fight! Great stuff!!
Ego gets in the way of a lot of things…good for you for fighting these negotiators…his satisfaction, puleeezze!
Love the Freddie Mac guidelines you shared! We, as short sale agents have to challenge all procedure-following negotiators (if you can call them that) and throw it back at them about “guidelines”! Great video guys! Do more of it!
Here til the end!
Thanks guys!
Video says “…Private…” Can that be fixed, I would love to see this one. Have an HOA problem right now.