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Updated 4 months ago, 08/29/2024

User Stats

7
Posts
3
Votes
John Miller
3
Votes |
7
Posts

Mortgage Broker ghosted after dealing and sidewalks assessment surprise

John Miller
Posted

Should I subrogate for the sidewalk assessment and work done after I purchased my fourplex?

.   The city says I can because the seller was supposed to disclose it.  

How would I go about it?  I'm thinking that first I'll contact the seller in writing.  

looking back I got a decent deal but it took too long to close and I need to find a team for the long term to accumulate fourplexes or build them.

I'm wondering if people involved are just washing their hands if my deal rather than grow from it.

Emails from before closing were insane looking back on it.  They literally had me come up with $5000 extra 3 days before close and said the VP of finance simply made a mistake.

Now I'm getting a $3500 sidewalk assessment.  It gets paid over time but it still is an unexpected expense.

i enjoy learning and want to hear from more experienced owners.  Thank you!

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