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Danger, Will Robinson, Danger!!

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Senior Member
What is the name of your state (only U.S. law)? California

The closing on a condo in Maryland couldn't take place because of an objection to some of the wording, which was subsequently reviewed by an attorney. The pricing on the condo had been lowered before the closing.

Now the condo won't be available until the spring because the people behind it want quality assurances from the builders of three remaining buildings that will be part of the complex.

Would you continue to put money into the condo or hold off until the spring when the matter of the quality assurances was resolved?
 


FarmerJ

Senior Member
In 6 months alot can change like possibly a hand full may walk away from mortgages and leave unpaid dues -fees, the developer could go under. If it was me I would seriously consider saying `enough` and look elsewhere. ? are there so called better deals in the target community you seek ?
 

HomeGuru

Senior Member
What is the name of your state (only U.S. law)? California

The closing on a condo in Maryland couldn't take place because of an objection to some of the wording, which was subsequently reviewed by an attorney. The pricing on the condo had been lowered before the closing.

Now the condo won't be available until the spring because the people behind it want quality assurances from the builders of three remaining buildings that will be part of the complex.

Would you continue to put money into the condo or hold off until the spring when the matter of the quality assurances was resolved?

**A: too many unknowns and what ifs, cancel and move on.
 

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