FundRobot » Fund Management » what should I do ?property manager caused me to lose my chance to sell my condo to an an investor buyer?

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Old   #1 (permalink)
 
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Default do property manager caused me to lose my chance to sell my condo to an an investor buyer

I was a bout to sell my condo to an investor and manager interfered with it because she told me that we can't sell to any investor because base on bylaw only% 50 of building should be renters , she told me she has to investigate to see if that percentage is fulfilled , after waiting 4 days and not receiving any email and not responding my phone calls I lost the deal , I went to her office and she told me she was contacting mortgage company to get that answer and she did not care about my problem , by the way I have to mention that she is also a relator and she was pissed off when she heard that I did not file my condo with her. what should I do , I have to go to meeting and ask for specific information? How am I supposed to know she is not lying about renters percentage?? this manager is bullying us and she can get away with it , please help

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Old   #2 (permalink)
 
Posts: 2,512
Default do property manager caused me to lose my chance to sell my condo to an an investor buyer

I would wait a couple of days to be indignant (you may still have that right).

What if your sale went through funding and THEN you found out that you had no ability to sell because of this restriction? You would be in a world of hurt, because you'd be giving the money back, plus all of the expenses plus whatever you put into making the transaction go.

You might be sending her flowers next week. Just Sayin'

This is the kind of thing that you need to research before moving forward.

If it turns out that the sale COULD have gone through, well, I really doubt that the door is truly closed on this deal. Just call them back. Good Luck to you.
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