Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Thanks for the additional information. Yes, the dues will get paid at closing but in order to clear title the foreclosure complaint will need to be dismissed as well. If you sell which it sounds like you should I suggest being upfront with the buyer and closing agent that is used about the situation and I would expect things to go smoothly. They need to know up front though because the foreclosure case could temporarily slow down closing the sale so everyone needs to plan accordingly. Thanks, David
Yes, I would suggest trying to negotiate something with the lawyers if possible. Thanks, David
Sue - please let me know if you have any follow up after speaking with the lawyers. I think you will have a hard time arguing excessive fees and costs, but I would expect you to be able to negotiate down the total amount owed. Thanks, David
Sue - you will want to file an "Answer" in the court proceeding. I am providing you with a link to the forms that are acceptable in Colorado courts for you to use to fill out and state your defenses here: https://www.courts.state.co.us/Forms/Forms_List.cfm?Form_Type_ID=27. I hope this helps you, David.