Home Buying in 66212>Question Details

Megandhunter, Home Buyer in 66212

"sold as-is" with a seller's disclosure-seller was dishonest. Any options??

Asked by Megandhunter, 66212 Tue Jun 15, 2010

I recently purchased a home via short-sale. There was a seller's disclosure provided, though it said "Sold As Is"... The seller appears to have been dishonest on the disclosure, saying that there was not any water problems in the basement of the house. We have owned it for just about two weeks now and have had water two times in the basement. Do we have any legal ground to stand on?

Help the community by answering this question:


Did you have home inspected? If YES read that published report.

IF NO then you are at risk .

Confer with a real estate attorney

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
0 votes Thank Flag Link Thu Jun 17, 2010
Our realtor just said it was a short sale, so it is as is, so you're out of luck. She didn't try to get us a number for a lawyer or talk about any options or anything. I have been looking into finding a lawyer to talk to, but haven't gotten any current recommendations for this area.
PS We also found cockroaches in our garage last night, though he stated there were only termites in 2007 on the disclosure. We aren't living there yet, so we don't know if they are running around inside or not...
0 votes Thank Flag Link Thu Jun 17, 2010
Things may be different in your area but, usually a "sold as-is" relieves the seller of liability on anything. Some companies require Seller's Disclosures but that is viewed as general information when the final purchase went in the direction of being "sold as-is".
0 votes Thank Flag Link Tue Jun 15, 2010
Check with a lawyer.

Meanwhile, what does your Realtor say?
0 votes Thank Flag Link Tue Jun 15, 2010
Don Tepper, Real Estate Pro in Fairfax, VA
As for legal grounds--your best advice will come from an attorney who specializes in real estate--consider a consultation, have all related paperwork reviewed and see exactly what options you may have, if any.
0 votes Thank Flag Link Tue Jun 15, 2010
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