She purchased a home in Dec. of 2005 with a 30 yr fixed mortgage, insurance, taxes and HOA fees for 2yrs included for $1,071 a month. After 6 mo. She started getting letters from the HOA that she owes them money after 9 mo into she received a letter from the mortgage company claiming there was an error in her mortgage and her payments will be increased to $1,171 dollars which created a finacial hardship. Can she sue the mortgage company and the company that did the paperwork because she certainly would not have purchased the house for that amount per month? I had advised her not to pur the HOA fees, taxes and insurance into her mortgage agreement cause I felt she would have came out way cheaper and would have gotten the $600 - $800 a month mortgage she wanted. She advised that she was over a barrel because she had to opt for 0 down no closing cost. This so called new home has been nothing more than a night mare since purchased. Somewhere there is a leak, the ac is broke. Help!
2007-10-21
00:49:43
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5 answers
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asked by
calmlikeatimebomb
6