When a home seller sells a property the seller must disclose hidden facts. Seller disclosure can include previous damage, homeowners association fees, or any number of other things. Look here for more information about what is required in seller disclosure.
Can you sue a home's seller because they did not disclose mold? This homebuyer discovered mold everywhere and the need for a new foundation after buying a home from a friend without an inspection. Here's how to make a seller disclosure case.
A home buyer realizes they didn't receive all of the disclosures when they purchased their home. The lender or escrow company should be able to give them a copy of the missing disclosure. If there is a problem with the home related to the missing disclosure, the buyer should contact an attorney.
When you buy a home and the home seller fails to tell you about problems with the home, the seller may have violated the concept of seller disclosure. Seller disclosure laws vary by state and to fully understand your recourse you should contact a real estate attorney. The seller may be liable for some of the costs of repairing the items they failed to disclose.
After a home inspection, a home buyer purchased a home that then had flooding in the basement. The seller didn't disclose any problems with water in the basement. The only way to sue the seller is if you can prove she knew the basement leaked and did not disclose it.
In some parts of the country, zoning regulations and other covenants that include setback requirements were enacted after homes were built in a neighborhood. Many older homes may be legal but non-conforming, therefore, they will not be in violation of the setback requirement. If the home is a new home, there may be cause for concern regarding the setback requirement.
A home buyer moved into a new home only to find that the roof leaks. The seller had disclosed the leak, but then amended the disclosure form to say that there was no leak. A professional home inspector is key to ensuring all problems are disclosed.
What happens if you buy a home and the contract states one thing but the house does not match that requirement? Under seller disclosure is the seller liable for fixing the discrepancy? In this case, a home buyer believes that his new home lacks insulation which was described in the contract. Before suing the seller, a developer, the home buyer should make sure that his suspicions of lack of insulation are correct by hiring a contractor.
Most states have seller disclosure laws requiring the seller to disclose to buyers know material defects in the home. Seller disclosure laws give a buyer a fair chance at knowing what the seller knows about his or her home when it comes down to material defects in the home. Some states require a buyer to sue the seller for that failure to disclose within one year of the closing on the home.
A homeowner didn't have a home inspection and discovers evidence of a fire a year after moving into his new home. A home inspection would have uncovered this damage, but the seller was required to disclose the fire. A real estate attorney can determine if this buyer has a seller disclosure case.