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Getting Out of Mortgage due to Incorrect Info

When I bought my home I was told that the house was built in 1990. Recently I received the tax papers on it, which showed that my house was built in 1989. What options do I have? Is there any way that I can get out of the mortgage?


Why would a difference of one year affect the value of your home or provide you any excuse to "get out of" the mortgage? The apparent discrepancy may be nothing more than the difference between the time the official occupancy certificate was issued (perhaps in late 1989) and the date on which the first owners actually move in (in early 1990). If you are concerned, you should contact a real estate attorney.

Published on BankingQuestions.com 1/29/08