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Updated almost 3 years ago on . Most recent reply

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Race Jeet
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How To Handle: Realtor provided Incorrect HOA Amount

Race Jeet
Posted


Hi everyone,

I need some advice. I recently closed one of the property deal. During my property deal process I had provided information that the monthly HOA amount will be $100 (mentioned by listing agent on brochure and Redfin listing). Now I moved to my new home but now management mentioned the monthly HOA due is $165. We purchased this property as it has low HOA but looks like listing agent provided wrong information in the listing detail.

When i asked this question to listing agent during my closing process then she forwarded me email that she had conversation with HOA management and in that it was mentioned that from April 2022 it will be $100 monthly due but now they are revising it to $165.

Now my question is who will be responsible for this and can i take any legal action against listing agent in this case.

Thanks,

Most Popular Reply

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3,149
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Matt Devincenzo
  • Investor
  • Clairemont, CA
2,654
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Matt Devincenzo
  • Investor
  • Clairemont, CA
Replied

It's not the agent's responsibilty to ensure the information is correct, it is yours. So this is on you since you accepted what was provided. If you were interested in the monthly dues that significantly, then you should have asked the HOA directly. So you take this as a lesson learned, and do better on the next one.

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