Water Damage
Water damage occurs when pipes burst or water seeps into a basement through a leaky foundation. Water damage can be expensive to fix and in some cases home buyers want to hold sellers accountable for it. Who should pay for water damage depends on when it's discovered. Same is true for how to fix it - the fix will depend on how extensive the water damage is. Learn about water damage and how to resolve it here.
Featured Water Damage Article
Who's Responsible For Damage Between Inspection And Closing?
Added January 19, 2009 by Ilyce R. Glink and Samuel J. TamkinHome buyers recently purchased a home that has severe hail damage from a storm between their home inspection and closing. In many states, it is still buyer beware when it comes to buying the home and if the seller did not lie or hide damage to the home, the seller may be off the hook for damage caused to the home. If the home buyer's state has a seller disclosure law that requires the seller to disclose this type of damage, the buyer may be able to sue the seller for the damage.
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