Home > > Still no mortgages nearly 3 Months after Grassmere management change

Still no mortgages nearly 3 Months after Grassmere management change

August 31st, 2009

It’s been nearly 3 months since HND property management took over and we still cannot sell our units.  The foreclosure sites are full of Grassmere listings and there is no change to the FHA approval status of this complex.  Residents are still unable to sell units AT ANY PRICE, unless a cash buyer is found.   Many residents are also not aware that their THDA deed of trust prohibits them from renting out their units… a few owners are in violation of this.

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