Wishing you all a Merry Christmas and a Happy New Year
Caveat Emptor, buyer beware, was once the watch word for housing consumers. In other words, do your homework and understand what you are doing because if you buy it you “own it”, all of it, the good, the bad and the ugly. Notwithstanding all the laws, allegedly protecting real estate buyers, “caveat emptor” is probably more applicable now than ever before. Real estate deals are no longer simply between the buyer and the seller, today there are many other interests involved in every transaction. The ever present HOA always rears its ugly head and inserts itself in the middle of the sales contract.
Jonathan Friedrich joins us On The Commons. Jonathan’s story should remind us to do our homework so that we know what we are buying. It should also warn us not rely on what we are told. Because Jonathan relied on the information provided by title company, it cost him thousands of dollars for HOA assessments he did not owe because, surprise, his house was NOT part of the HOA. Nice surprise but it cost him hundreds of thousands of dollars extricating himself from the HOA he never belonged to. He recently won a major legal battle and is rightly very proud of himself. But that is not the end of the story, he is now going to try to recoup some of the money he has spent to get this far. What he will never regain is the years of “fighting”to protect what is rightfully his. Tune in and listen to Jonathan’s story, in his own words. F ind out how he discovered the clue that led him on this journey.
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