10 Common Homeowner Complaints


Home ownership is most people’s dream come proper. Don’t let it grow to be a nightmare.

1. Real Estate Fraud

“Someone forged my signature on a Grant Deed. The record says my property now belongs to a person I don’t even recognise.”

Contact your nation’s actual property commission.

2. Unlicensed Contractors

“I hired a man who said he turned into certified to make maintenance to my kitchen. He started out the work but in no way finished. I located out he isn’t licensed and that he recorded a mechanic’s lien against my residence.”

Never rent an unlicensed contractor.

3. Foreclosure Consultants

“When I were given in the back of on my residence payments, I started out getting mail from people announcing they might shop my domestic. I signed a agreement with a man who promised to make up the returned payments and assist me get a brand new mortgage. He didn’t do any of that. Instead, he sold my residence to somebody else and now I’m being evicted.”

If you’re behind on bills, call your loan business enterprise and exercise session a price plan.

4. High Interest Loans

“I idea I turned into getting a good buy on a refinance. Turns out, the hobby charge is way too excessive and that they charged me all sorts of junk prices.”

Shop around for the first-rate charges and expenses earlier than getting a new loan and make certain your read the exceptional print.

5. Adjustable and Fixed-Rate Loans

“The mortgage representative said I become getting a set-fee, 30-12 months mortgage. Six months later, my hobby fee jumped greater than three%.”

Review your mortgage files earlier than you signal. Interest charges have to be disclosed with the aid of the lender.

6. Account and Billing Errors

“My mortgage agency did not credit my account for the mortgage payments I’ve made.”

Send a letter on your mortgage employer asking for a fee records. Be positive to include your account variety inside the letter.

7. Illegal Rooms

“I simply moved into the residence I sold and the metropolis tells me that some of the rooms have been added with out constructing allows.”

You can be required to make changes. Be certain to test for building permits before you buy a domestic.

8. Repairs and Escrow

“Before I sold my house, the vendor promised to make repairs. My agent said it became OK to sign and close escrow, even though the maintenance had been no longer carried out. It’s been three months and the vendor nevertheless hasn’t made any upkeep.”

Make sure upkeep are finished before you close up escrow.

9. Property Taxes Not Paid

“My mortgage organization turned into purported to pay my assets taxes however didn’t. Now I owe past taxes and penalties.”

Call your loan enterprise for a proof. If they don’t contend with the trouble, contact your country real estate fee.

10. Vacant Land Purchase

“I bought some vacant land in the desolate tract to build a house on. The seller said there has been water, sewers, strength and phone carrier. Turns out, none of those are to be had.”

Check with the nearby Building and Safety Department earlier than you buy vacant land.

Take some time and do your homework. Property purchases are typically the biggest investment you may make. Take time to study all the documentation and if your do not apprehend some thing, ask questions. If essential, lease a real property attorney to guard your pursuits.