I should also add that if your are part of a class action lawsuit (particularly if you're in an attached community with the HOA suing the original builder) it sometimes raises a slight eyebrow for lenders when you're trying to buy into the community or refinance. It happened on our previous attached home in CV where the HOA was sueing the builder for putting the gaslines right next to areas where sprinklers routinely drench the grounds, eventually causing corrosion in the external gas lines. During the lawsuit, we we tried to refinance, we weren't able to get the best rates, citing pending litigation (weird).
