I just have to make this short because it is getting pretty late and we have had such a long day that I am exhausted. Well, if you have read any of my previous posts, we just started the process of purchasing our first home. To make a long story as short, we have been in limbo with attorney review for the past week waiting on further information on any known future assessment payments on the house. We are purchasing a condo and there are regular condo fees, but they are renovating the community and there is an extra charge for the next two years. This was previously known to us and ok because the renovations would help raise the selling price when we go to sell the property.
Today though, I called the Condo Management group to ask a few questions (I'm a researcher at heart) and came out of the conversation with a shock... apparently they have accepted a proposal that would charge the homeowners another set of fees, starting in 2 years. These aren't just fees though - it's robbery... They are charging each homeowner approximately $13,000. They expect it in one payment or financed over the course of 10 years (about $2000 in interest fees)!!
After I called my realtor in a panic - she did her work with the attorney and research on her end. After we got off the phone, oddly enough, the seller's realtor called ours and asked why we were holding up the attorney review! Our realtor explained to her that we were actually awaiting the sellers to fill out the paperwork for any known future assessments - to which the seller's realtor said there was no way that they could know what was coming in the future.
At the end of the day the other realtor lied to us about not knowing about the huge fee being implement - and evaded the truth when asked directly. So we gave them two scenarios - 1) They pay the $13,000 and we purchase the house or 2) We cancel our contract and keep looking for another house.
I can't say how disappointed I am - I loved this condo... LOVED! I also can't say how upset I am that people would avidly avoid the truth and lie about something so major. It is above (or below) my comprehension. I know and fully trust that we will end up where God wants us - but sometimes that understanding doesn't completely ease the feeling of loosing something you really liked.
We shall see if they choose to pay the amount for the sale of their house. To be honest - if it were me, I wouldn't pay it - so I'm not expecting the process of purchasing it to continue. But if it were me I would also have been honest from the start... To put it in my daughter's words "They're just really stinky"!!
Thank for reading this ranting post... I just needed to get it all out 
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