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Problem is that they assigned me an uncovered parking, but charged me same price as a covered one. I have a brand new, luxary car but I also like this condo a lot.

What could I do in the attorney review? Can they reassign me a covered spot (they told me they ran out of covered spots already, but my broker and myself do not believe it is true.) or can they offer me huge discount? If second option, how much should I ask for?

Also, will lawyer charge me if I finally cancel the deal?

Thanks for your help.

2007-08-24 01:52:05 · 6 answers · asked by phillymm 1 in Business & Finance Renting & Real Estate

6 answers

Definitely do something about this. Where is your realtor? If you're using one, get them to earn their commission.

You need to find out what the fair market value of a covered spot is. If they can't get you one now, either have them agree to get you one by such and such date, or do not pay for it.

If you really want one though, don't end up settling and being unhappy because you don't have one.

You don't have to close if you're not happy. Of course your lawyer will charge you for their time. Lawyers are vultures who never get stiffed. They're the ones who wrote the laws to protect themselves.

Remember that the condo association wants to sell to you. You lawyer and the bank want this deal to go through too. Make sure YOU'RE happy before you buy something this important.

Personally, I wouldn't want uncovered parking. Even for my old, UN-luxury car. I don't know where you live, but where I am in Texas, the heat literally bakes your car all day. I have a garage and use it!

2007-08-24 02:03:04 · answer #1 · answered by Glennroid 5 · 0 0

Generally speaking if you hired an attorney to review your sales contract, the attorney will expect to be paid for his/her service regardless if you moved forward.

As for the parking spot, what is the price difference between a covered and uncovered parking spot - that is the savings you should see (at least). How can you prove they have all the assigned spots taken? Tough question. If the covered spot is a deal breaker, tell them, then move on.

Hope this helps, and good luck

2007-08-24 02:00:38 · answer #2 · answered by Anonymous · 0 0

Your lawyer needs to be paid no matter what.

Tell them you are backing out if you can't have a covered parking lot that you are paying for. Then be prepared to do it.

Or, ask a tenant with an un-covered spot how much they are paying, and offer that much, then get a promise that the next covered spot will go to you.
.

2007-08-24 01:59:53 · answer #3 · answered by Kacky 7 · 0 0

Have them build a cover over some of the open parking spots and give you one of the new covered ones.

2007-08-24 02:03:45 · answer #4 · answered by hottotrot1_usa 7 · 0 1

Excuse me you have an Atty and you come here, where some of the answers are at best WRONG, instead of taking his/her advice?

ONLY your Lawyer or Agent can help you with this issue, they have access to your contracts and know what contingencies exist etc.!

2007-08-24 02:03:58 · answer #5 · answered by Anonymous · 0 1

PJ my dear oldfish, go and boil your head. You are an idiot, an assehole and is the dumbest person in the world.

2007-08-24 04:16:56 · answer #6 · answered by ppp 1 · 1 0

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