ignorance, judgment, neighbors
SO my wife and I bought our first MH finally! But first lets rewind. About a year and a half ago, we bought our first home, 2000 square ft absolutely beautiful in a quite dead end neighborhood. I k...
Forum Discussion
Mr.Mark wrote: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.
I apologize.. I wasn't referring to CC&Rs. I was simply stating that in a Short Sale situation, the new "Buyer" doesn't always get the same stuff he/she would get in a conventional sale. The title search is not as comprehensive as it is in a conventional sale.....Dennis
