Book
Premium
join:2004-05-24
Shepherd, MI
| reply to Book
Re: Apartment Complex Foreclosed on. Out $5K
Trust me, I would love to collect a 5 Grand setup fee. I want to do whatever I can to recoup money but yet get off on a good foot with new owners. I could always raise the rates drastically from September 1st going forward. Afterall, the bank is not willing to "assume" any of the previous balance, why should they "assume" they will get the same rates as the previous owners and walk right into a working system with no account setup charges? Even if they hire a competitor, it's a chance to possibly recoup a good chunk. I do know this, we will collect financials and maybe require a deposit going forward. |
