Form what I was taught in RE Sales Agent School & what I was taught in RE Broker School, the agent has a duty to tell you everything, even stuff they could not have known.
You can sue the agent, and some of them carry an insurance called ERRORS & OMISSIONS INSURANCE...Problem is if the insurance company can prove the agent was negligent, the insurance company won't pay for the agents mistake. You can file a complaint with The California Dept. of Real Estate/Real Estate Commissioner, but they do not retrieve your loss, they just punnish the agent with fines & jail-time if The DRE deems it bad enough. These lawsuits can drag on for 5 years, and cost you upwards of $30K. I would suggest going to see a lawyer who specializes in suing Real Estate Agents, ask if he will do it on a retainer. Most will probably say "NO". You can go to the Board of Realtors in your area, explain you situation and ask them if they will help you, but again I think the most they can do is discipline the agent, but no fines there...Shooting from the hip, I would look at what it costs you per month now to stay there and compare that to a non-Melaroos-house of exact comparison and add in costs of sales to sell your home & costs of buying the new home and see how many years it is going to take for you to break even on not having to pay the Melaroos Fees. It is a dirty shame the don't tell you, but I'll bet you there is a single sheet of paper in that ream of paper that you signed at closing saying you have been told you house has the Melaroos Fees on you house. Realtors used to do an ESTIMATED NET SHEET for the buyer & seller and disclose all the fees they knew of, and weird easements. Now a days they refuse to do that, they leave it to the lender to show you at the last minute. I hate it & it drives me nuts. This is the most insane Real estate market I've seen in my life time...........GETTIN_DUSTY... more
The people I know who live in that zip code really love the area. Its a family friendly area and the Murrieta schools are very good. There is alot of passion and sense of community in the area. Quick freeway access, close to shopping and an overall extension of the Temecula Valley community.... more