136 115th Ave NE, St. Petersburg, FL
Transaction date: July 17, 2024
The Seller’s Situation
The seller had lost a job and had fallen almost a year behind on HOA dues. There was no mortgage, and the property had substantial equity. The pressure came from the HOA and its attorney, not from a mortgage lender.
The Property Condition
The home was generally in good condition. Light, cosmetic work was needed rather than a major renovation. The kitchen was renovated.
The Sale and Seller’s Move
The transaction closed on July 17, 2024. The seller needed additional time after closing and remained until approximately August 6, 2024. That stay was part of this transaction’s arrangements, not a promise of post-closing occupancy for every seller.
What This Example Shows
A property can have substantial equity and no mortgage while its owner still faces foreclosure pressure from another obligation. Understanding the type of debt and the available time matters. This case does not establish that House For Cash stopped a foreclosure.
Photos From the Property
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