Profile picture for user6001726

Can you tell me about property damage not revealed by owner?

I signed a contract to purchase a home and in the offer waived the inspection. The property damage report required in the contract was signed but not filled out by owner. I agreed to initial the blank report with the word pending beside my initials. The agent stated she would have it filled out. So far no report. I had pest control do an inspection for an estimate for a termite contract. They found moisture and mould that had not been treated. They further told me their records indicated they had inspected the property before and advised the owner of the moisture problem in the same area of the house and it had not been treated. Can I use this information and the lack of disclusure to either negotiate for payment of repair, reduction of price to cover repair or back out of contract without loosing deposit.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 19 2013 - Aiken
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (4)

Profile picture for wetdawgs
Was the seller an individual who had owned the house for some time, or was a it a foreclosure or estate sale where the seller knew little to nothing about the property?

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 20 2013
This is precisely why you should always conduct an inspection on a property. I always recommend it to my clients, and for my own properties that we are planning on renovating. Not sure if your agent is looking after your best interest. Definitely consult a lawyer to see what your options are. Good luck!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 20 2013
I'm not sure why you would ever sign anything that is blank. It concerns me that your agent is not looking out for your best interests.

Although you waived the inspection, the seller should still be responsible for disclosing all material information regarding the property and this includes the termite company's previous findings. And the question I have is did you just waive the inspection or did you waive the inspection or investigation contingency? If you still have a contingency that allows you to cancel the contract based on any material information you receive about the property, then you should be able to cancel and get your deposit back. It's hard to give you a definite answer without seeing the contract, however.
 
The other thing to point out is if the seller did not disclose a material fact to you, this is fraud. You may want to talk to an attorney if your agent is not being helpful. And if you are being represented by the listing agent, then I suggest you get another agent.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 19 2013
Hopefully you are using your own agent and not the seller's.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 19 2013
 
Related Questions
First home buying experience... no idea where to start!
Profile picture for Alexander Grennor
Latest answer by Alexander Grennor
January 28 | 10 answers
Can you tell me about property damage not revealed by owner?
Profile picture for wetdawgs
Latest answer by wetdawgs
July 20 2013 | 4 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 60 Interlachen Ct SW, Aiken, SC Home For Sale
    60 Interlachen Ct SW, Aiken, SC 29803

     For Sale: $289,000

    • Beds: 3
    • Sqft: 3069
    • Baths: 2.5
    • Lot: --
  2. 8 Roundhill Ct, Aiken, SC Home For Sale
    8 Roundhill Ct, Aiken, SC 29803

     For Sale: $233,000

    • Beds: 4
    • Sqft: 2331
    • Baths: 2.5
    • Lot: --
  3. 56 Juniper Loop, Aiken, SC Home For Sale
    56 Juniper Loop, Aiken, SC 29803

     For Sale: $255,000

    • Beds: 3
    • Sqft: 2282
    • Baths: 2.0
    • Lot: 6969