Condo Commando Crying Sour Grapes

Hi all! I wanted to share my story with all of you. Here it goes. I bought a townhouse and got a great buy. The seller was not in a distressed situation, rather he had to sell quickly since he was relocated. My title company closed after the title commitment came back and all we had to do was pay the maintenece. No assocation approval needed, at least none on the commitment. We were at the property with my rehab crew and someone came over from the board and was very inquisitive as to who we were and what we paid for it. My partner wound up getting backed into telling him, well turns out he was mad because we made such a great buy and he wants the house. Now the "assocation" is trying to use their right of first refusal to take the property away from us. Has anyone ever heard of this. I have a litigation attorney working on it. I will keep you posted as to what happens, but watch out for these condo commandos. For those that are curious I bought it for 150k and have already closed on it. It is worth 210k plus. Just another sour grape for me making a great buy. smile

Comments(3)

  • fauche651st August, 2003

    oo7icu,
    Good for you. It just proves once again that other people will do anything to make sure you don't succeed. Please keep us updated as too the progress.

    Regards,
    Jesse

  • 2000rock1st August, 2003

    oo7icu,

    NO!...I have never heard of it...

    Have your LAWYER send them a nice LETTER...

    THAT SHOULD PUT A STOP TO THEM!!!

    IMHO


    ....as always,


    GoodInvesting, Rocky

  • fauche651st August, 2003

    As always Rock,
    Straight to the point.

    Jesse

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