Forum Discussion
Mr_Mark1
Dec 08, 2013Explorer
Executive wrote:
The point of my comment was in a "Short Sale" many "SHORT CUTS" are allowed. Most short sales are sold as is, in its current condition, with no guarantees, warranties or caveats of any kind...speaking strictly from California experience ..YMMV....Dennis
Dennis, with all due respect, a short sale does not mean the new owner can't follow the CC&R's of a community. I'm a board member or our California based homeowner's Association and we had to force a sale of a homeowner who was behind on his dues (3yrs.). The home is now owned by the Assc. We are hoping the mortgage co. will foreclose on us so that they will be responsible for the fees and maintenance. A short sale doesn't release the new owner of honoring the CC&R's (Covenants, Conditions and Restrictions).
MM.
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