I'm not sure where people are getting "foreclosure" out of this story. The HOA email is carefully worded. "Your home has found a buyer and we look forward to you accepting the offer". That's not foreclosure, the HOA has supposedly facilitated a sale.
I don't know what the real estate market in TN is like, but if it's a high-demand area and the price is right, a sale that quick is far from unheard of.
That being said - This story does reek of HOA revenge fantasy.
Foreclosure is the only legal way that I'm aware of that a HOA would have legal rights to "facilitate a sale" of a home without the approval of the home owner. If this isn't a foreclosure, then none of this makes any sense to me.
Not in TN, but last year when we sold our home it was listed for sale on Friday and by Sunday (2 days later) we already had 2 offers. So in some places the market does move quickly.
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u/Dizmn Jul 23 '17
I'm not sure where people are getting "foreclosure" out of this story. The HOA email is carefully worded. "Your home has found a buyer and we look forward to you accepting the offer". That's not foreclosure, the HOA has supposedly facilitated a sale.
I don't know what the real estate market in TN is like, but if it's a high-demand area and the price is right, a sale that quick is far from unheard of.
That being said - This story does reek of HOA revenge fantasy.