I bought a REO from Fannie Mae a couple of months before and had an awful shock. The house has 2 HOAs which were not revealed or contained in my paperwork. Because I particularly & plainly mentioned used to donot wish to purchase a house with an HOA I am mad. I had been advised I closed a waiver cleaning them of responsibility however I did so no such factor as well as their steps split Florida Regulation. The attorney explained I Would get but because its a government lender they'd clear me out first using their infinite use of attorneys & savings. So here I'm making funds on the statement and spending fines for that houseis insufficient conformity because it was in bad situation when bought. I understand you will find additional instances available however the only method we are able to get aid is just a classaction suit.
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