Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago,

User Stats

717
Posts
50
Votes
Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts

Dumb Mistake by REO agent and I - Please help

Greg P.
  • Los Angeles, CA
Posted

Hello, I'm currently in escrow to buy a property through a REO agent I contacted directly. He was more than willing to help, and we signed the paperwork quickly. Well, come to find out, his assistant accidentally checked the buyer assumes special assessments box and I totally missed it because he and I were such in a rush to get the paperwork filled out. He didn't even explain anything to me because there were literally 100 initials I had to sign so we zipped through it. Well, it's 2 days before closing and the sellers title company is asking me to pay $4k more because there was a pending assessment on the property. I know I shouldn't have signed, but I assumed everything was fine because I've bought numerous reo's with no problems? He even admitted it was a mistake, but he's not sure what to do. Any suggestions?

Loading replies...