All Forum Posts by: Ron J.
Ron J. has started 13 posts and replied 49 times.
Post: where to start w rehab
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
I would start with wood and structural repair first then flooring.
Post: Whats your turnaround for a Hoarder house
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
When i say a hoarder house I mean a house with at least 4 feet of trash from the floor throughout the whole house. whats your average time from acquiring the property to listing it on the MLS? also, what strategies do you use to get the property ready as quickly as possible?
Post: What things have you found in foreclosed/abandoned houses?
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
recently found a family of about 10 rats, alot of old computer cases and old video games...
Post: Negotiating HOA lien settlement
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
Originally posted by K. Marie Poe:
There are a lot of variables that make a difference when negotiating a discounted payoff with the HOA. For example, if you own the property free and clear and/or there is a lot of equity, the HOA has no reason to settle with you.
Please post a little more so we can help brainstorm on the negotiating better.
yes i own the property free and clear from a county auction. The lien is not in my name so wouldnt the HOA want to negotiate instead of going through all the process of putting the lien in my name and going through the whole process over again? also why does the banks only have to pay the past 12 months dues and regular investors have to pay the whole past dues even if its back 4 years?
Post: Negotiating HOA lien settlement
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
Took over a property with 18k past due HOA lien with 7k of that being just interest. Whats a good place to start if im willing to pay lump sum of cash. would it be 50 percent of the lien price? Can someone inbox me a settlement letter or form? or some type of template that i can use to send to the HOA board.
Post: Hoa owns property from hoa lien sale at sherrif auction does the winner from the mortgage auction have to pay previous HOA lien sale
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
Originally posted by Brian Burke:
Surely FL has some method to find out, other than just "hoping" that the HOA recently recorded a lien? For that matter, even knowing which properties have an HOA at all is elusive, no?
Also in Florida if your not working for a title company or a licensed realtor buying the property,the HOA or Attorney company handling the lien will NOT give you any balance or information for the delinquent HOA balance... Pretty sad state for investors starting out down here. :(
Post: Hoa owns property from hoa lien sale at sherrif auction does the winner from the mortgage auction have to pay previous HOA lien sale
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
Wayne Brooks it sure has gotten hard for regular investors down here. It doesn't help that the laws are heavily favored towards the HOAs and the big banks. Thanks for your input.
Post: Hoa owns property from hoa lien sale at sherrif auction does the winner from the mortgage auction have to pay previous HOA lien sale
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
so even if the hoa have own the property since 2011 and maybe even been making money off a tenant. I still have to pay the lien from 2011 when the hoa took over the property?
Post: Hoa owns property from hoa lien sale at sherrif auction does the winner from the mortgage auction have to pay previous HOA lien sale
- Investor
- Jacksonville, FL
- Posts 68
- Votes 7
Im looking at some upcoming sherriff/county auctions and some of them the HOA owns it from hoa lien sales...I want to know who is responsible once the the bank auctions it off and I win the auction from the bank..Will i be responsible for it.? Im thinking no because the property was already sold to hoa and that settles the lien? Im not sure on this one..This is Florida by the way.