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11
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3
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Monica M.
  • Little Rock, AR
3
Votes |
11
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HOA won't send resale certificate

Monica M.
  • Little Rock, AR
Posted

Hi guys,

I'm trying to purchase a HUD property but have had to file two extensions so far. The only thing holding up the sale is that the HOA will not send the resale certificate. They cashed the check weeks ago. The title company and I are both leaving message after message (every call goes straight to an answering machine), and we have no physical address for them, just a P.O Box. When I asked the closing agent if I could lose the deal because of this, he pretty much evaded the question. "We'll just keep calling," he said. My questions are, can I lose the deal because of this and is there anything else I should be doing to fix this? Thanks!

Most Popular Reply

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13,455
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8,358
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,358
Votes |
13,455
Posts
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

Try visiting the house and talk to the neighbors to find out where the HOA board members reside. My guess is that the neighbors don't want that house to remain vacant ...

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