Expert Author Desare A Kohn-Laski
You finally closed the deal on your dream house. Your family moved in and ready to begin a new chapter of your life. But then problems also start to show with the house. What can you possibly do about these?
There are cases of undisclosed flaws. Contrary to what others say that you just have to live with the problems because the purchase has been done, there is certainly something you can do to address them.
First, you have to be sure that the seller gave a sort of warranty and guarantee. This have to be on document. Otherwise, you'll have a hard time proving it.
Should there be a strong proof of the said warranty, then you can have the seller liable for the undisclosed problems.
Fraud is another thing which you can have the seller accountable for. Under this instance, misrepresentations or omissions are committed with the intent of not allowing the buyer know of the flaws. There is a clear intention of hiding imperfections such that the buyer is made to believe that the house being sold is in either excellent or very good condition when in fact there are problems or defects.
Structural defects are the most common defects that are hidden through seller frauds. But be aware that some sellers might also be knowledgeable of the kinds of materials declared in the documents when in fact those are not actually the compositions or the types used. Omissions are considered fraud because of the similar intent of not disclosing a known problem.
Are sellers always liable?
To make it fair and square with sellers, they are not always liable when problems are discovered after the house is sold. Structural defects on walls are usually uncovered when walls are opened. Sellers are not usually liable for this. But for some obvious wall defects like obvious cracks and holes not declared, they can be accountable for these.
The level of seller accountability on problems after house sale can be dependent on circumstances on purchase agreements. So it is important that the buyer carefully inspects the house and relay observations to the seller. There is always something fruitful agreed on when good conversations are done.
If and when you suspect that a fraud is done by the seller, you can always consult a real estate professional. You can also seek legal help from an attorney who has specialization on problems regarding the buying and selling of real estate properties.
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