ignorance, judgment, neighbors
SO my wife and I bought our first MH finally! But first lets rewind. About a year and a half ago, we bought our first home, 2000 square ft absolutely beautiful in a quite dead end neighborhood. I k...
Forum Discussion
Francesca Knowles wrote:Should have done a title search anyway!!! Am amazed that all banks don't require it.
HEADS UP- THE O.P.HAS POSTED A CLARIFIER!
See quote below
Restrictive covenants begun in 2006 to run with the land for 25 years with a possible 5 year extension...
Shoulda turned up in the Title search: go after the Title Insurance company, O.P.!
Assuming of course you bought Title Insurance-?Usmcsousa wrote:
Sorry for unanswered questions, we live in good ol Mississippi (migrated from boston 4 years ago)
I got a legal copy of the covenants put into effect in 2006 by the development builders
It says it is good for 25 years plus 5 if the community agrees at such time.
lays with the land so by purchasing my home i've "agreed" to the terms.
any of the other homeowners can enforce these covenants through civil court and if i lose i will be responsible for all court costs.
Entirely cheaper for me to store my MH and sell my home for under market value( we bought a short sale) and really bring the value of the neighborhood down through comps.
May just find me some acres out of city limits and live by my own rules.
