[yuta250]

Oh please I’m aware of the real estate market in parts of Florida, and the piddling amount they lowered the price sounds like a joke. The HOA has an obligation to its other members to enforce these restrictions, and from I can see, they’ve bent over backwards trying to accomidate these people. Personally I think the main issue here is that these people want to sit things out until they get the price for their home that they thing they deserve for it reguardless of current market value, so I don’t have much sympathy for them.

[Chena]

I would imagine that they would want to sell their home for a reasonable price. Afterall, they will then have to buy another home to raise their granddaughter in. At their age, I can only imagine the enormity of their financial situation. They are basically having to start all over again as parents. I realize the people in this HOA must be suffering terribly having this child in their midst. Perhaps it would have been better if this child had been placed into foster care all along. Heaven forbid that the welfare of an innocent child should trump the welfare of the adults. ;)

[gogeo]

Yes, they seem to be interested in running the clock as long as they can. Three years is time enough.

[soccermom]

I’m not aware of real estate market in Florida, but 179K sure doesn’t sound like much for a house to me -— and I’m in the Midwest. From what I’ve seen, property values on the coasts are higher. Maybe they can’t pay off their loan if they go any lower. Maybe it is all the silly HOA restrictions that are scaring away buyers? Who knows? It looks like they put the house up for sale, just as the market cooled. I live in a very nice neighborhood and I’ve seen houses sitting for over a year now.