Hi guys I recently bought a foreclosure condo.
What happens:
On my possession day (today) my lawyer tells me that there is a $5000 special assessment that she just found out and I need to pay it regardless because I don't have time to do anything.
The special assessment was owed by the previous owner but he lost the condo to the bank, and now I have to pay it.
(My lawyer told me there is no where on the contract said I need to pay any kind special assessment owed by the previous owner, however, since I'm the new owner and I'm smaller than the Bank, I need to pay it, otherwise there will be a lot sh!t coming to me)
am i being fooled?