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Larry Hines

"When Experience Counts"
Experience:
Consultant for Re/Max Horizon February 1979—present
Licensed in 1979. Learned thru the eighties(remember 17.5% int. rates)
Specialties:
Rehabs, Foreclosures, Investment. First Time Homeowners & Investors
About:
Over 30 years of Real Estate experince. Specialize in R.E. Investment, Foreclosures & Rehab.
Specialization: My area of expertise is in the purchase and/or
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Larry Hines answered:
Rich what were the violation(s)?
If you went to the village hall and they said their were no code violations when you went, the Home Inspector, appraiser, realtor, attorney, would not know of any either. You should contact the village and get an explaination of how "they" missed informed you. When you purchase a foreclosure, I tell my clients you get what you see and what you don't. they are sold "as-is" for a reason.
FHA does not check for "code violations" when the appraiser comes out. They have repairs the can call for if the appraiser deems it to be necessary.
Sounds to me the village is the one who you may have a case against. They are the ones who missed informed - Wed Dec 9 2009, 19:16

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