Q: We are in the middle of the contract for my dad buying in 55 plus community. In the contact it said that hoa will be 301
Past week of the contact we are told that the budget proposal will take place on our closing date and the hoa fee will be 570. Our broker is telling us that legally we are not able to exit the contact. What do we do
A: Your dad will need to consult with a real estate lawyer to review the contract. The broker cannot give legal advice and the broker's interest is in making the commission, not getting your dad out of a sale. No one should buy, sell or lease real estate without a lawyer to review the documents and protect their interests.
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