How can we stop the additional cost from Associations

Good Afternoon Everybody,

Well another problem with those short sales, Finally received the short sale approval from the bank on one of my properties. Seller was up to date on all association fees till the beginning of the year but had not paid this years $14.00 a month­Association fees.Can you believe they have pumped it into a $3400 cost. They have not done anything besides possibly cutting the yard 2-3 times this summer.

After some negotiation they have settled on $2400.­­­Of course the sellers are unable to pay this amount so it will have to be paid by the buyer or this deal will be canceled. When are we going to have some type of recourse to negotiate with these bank &/or associations.

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Caroline Love

Caroline Love

Broker Associate, CNC, ADPR, REALTOR®
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