The owner is responsible, but they already can't pay...that's why it is in short sale. Negotiate with the HOA...they will probably take less. Negotiate with the bank..they will be more...difficult.

Good luck,


Joan Wilson (Realtor, SRES, Ecobroker)


California Cool 4 Sale
Prudential California Realty
Direct Phone: 760-757-3468
Fax: 760-946-7894
JoanWilson@prusd.com
License # 01341483

It is my Goal to Increase the Success and Profitability of Those I Serve

On one of my short sales where the lender was squeezing out every penny possible, I successfully negotiated with the property management company to accept less than a full payoff to allow it to close escrow and start fresh with a new buyer. Marcie's suggestions are all right on too.

Bartfriend,

That is one of the challenges with short sales. Do you really want the property? Do you know the amount of the lien? Work with your agent on your options, ultimately you may have to pay it, especially if it is a desireable property with multiple offers.

If you have not written the offer yet, have your agent inquire. You can attempt to negotiate with the lender to pay it off, split it with the lender, reduce your offer amount by the lien amount, ask for closing credits to offset the lien amount. Your agent should have an idea how much wiggle room you have to be creative with the offer.

Kind Regards,

Marcie Sands, REALTOR
Simply The Best Real Estate Company, Inc.
760-644-1562