NORFOLK, Va. — Retired Navy veteran Michael Carter and his wife, Theresa, had already lined up their move to a home out of state when they say they learned of a costly problem tied to their property: an illegal subdivision dating back decades.
“We closed on time, everything was fine, and we had no idea there was a landmine out there,” Carter said.
About 12 days before closing, the couple’s real estate agent told them they would need to place $5,000 into escrow so the buyers could resolve the issue. Carter said the expense came as a shock and added stress to an already complex move…