We paid for the home in Jan 2007. We have had most electrical problems, as well as right away the little flooding in the front of the residence with no reason as of yet. The residence was the flip, as well as you consternation if there was the lot not disclosed as well as consternation if there is any way to get out of this house.
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If there was not full disclosure you should have recourse, see a lawyer. Good Luck!
Unless your city has specific laws, no. That is why EVERYONE should get a home inspection and a termite inspection at the very least.
If the previous owner knew of some serious problem and did not disclose it to you, you can take action against them. However, you cannot return the house.
No, there is not. If you can PROVE that the previous owner knew that there were significant issues and that they took steps to hide them from you, you might successfully sue them.
Not exactly, but there are disclosure laws. If there are major issues you have to be told before you sign.
i don’t think so. isn’t that why there is an escrow period? you’re supposed to get it inspected, etc.
If the old owner knew of problems and did not disclose them, you may be able to sue to have the transaction reversed or for the problems to be fixed.
If it was a flip, there is a good chance that he didn’t know of the problems or that you will be unable to prove that he did know of them. That is one of the risks associated with purchasing a flip.
If the problems are relatively minor, you may well find it less expensive to fix the problems rather than seek legal recourse. You’re well served to get an inspection now, if you didn’t before, in order to get a better sense of the full scope of the issues.
This area is one that is notoriously difficult to prove.