That's "dam maintenance" not "damn maintenance. A Kansas couple scored what they thought was their dream home for $300,000: 20 acres with a beautiful view of the lush foilage-surrounded lake, bound in by a dam. A dam that has tree roots digging into it and could cost $900,000 to repair. And, under an agreement with the city from the 70's that never turned up in the title search, is their responsibility to repair. And, title insurance will only cover the first $330,000.
More »
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
4 comments:
This is another case where the lawyers who did the title search should be held liable, but guess what-lawyers make the laws and you know the rest of the story.
11:32
Read it again. It said it never showed up on the title search.
Caveat emptor-They thought they were getting something for an unbelievable price and got nothing but dam aggravation.Sorry had to throw in another pun
It is always important to buy title insurance.
Post a Comment