4

SunTrust Forecloses on Condo, Then Doesn't Pay Bills, Court Filing Claims

​Two groups that typically spend their time competing for the most-likely-to screw-over-a-homeowner title -- a bank and a condominium association -- are now fighting each other in court over an empty condo. 
^
Keep New Times Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of South Florida and help keep the future of New Times free.


This odd story starts around the beginning of the year, right after SunTrust foreclosed on a condo in a Margate complex. 

According to the Atlantic Palms Condominium Association, this also means that the bank now owns the vacant unit -- and is, by default, a member of the association.

Thing is, condo owners have to pay the association dues -- for common expenses like road and roof upkeep and property taxes -- but SunTrust hasn't done that for almost seven months, Atlantic claims in a Broward County Civil Court filing. 

So, a bank that took somebody's home because of "delinquent" mortgage payments might itself be delinquent.

Atlantic claims that SunTrust owes some $4,200 in back fees, and it looks like the association could really use the moolah. The association has filed a lien to get its money. 


Follow The Pulp on Facebook and on Twitter: @ThePulpBPB.


Keep New Times Broward-Palm Beach Free... Since we started New Times Broward-Palm Beach, it has been defined as the free, independent voice of South Florida, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering South Florida with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the New Times community and help support independent local journalism in South Florida.

 

Join the New Times community and help support independent local journalism in South Florida.