02 Aug [AZ] HOA fee turned out to be double what seller reported
Seller provided one number for HOA fees via on Zillow + the Seller's Property Disclosure Statement (SPDS) they submitted to me. Then, after we moved forward with a loan, got appraisal, inspection done, the HOA sent over all of their documents. It turned out that the fee was double what the seller reported.
I thought the information provided to me was reliable and made my decisions to pay move forward with inspection and appraisal based on inaccurate information.
Is it possible that an HOA charged the seller something different than they will charge me for some reason? If so, that's a bit scary that they can charge different residents wildly different numbers. At that point, it seems that I should have been told the possible range in the SPDS.