Home Buying in Florida>Question Details

wslaughter4, Home Owner in Perry, FL

what is statue of limitations for a seller not to disclose a problem with a property before closing?

Asked by wslaughter4, Perry, FL Sun Jun 24, 2012

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5
This is really a question to ask a lawyer, specifically a real estate lawyer.
1 vote Thank Flag Link Sun Jun 24, 2012
If you are the one trying to hide a problem don’t, if you bought a home and someone did this hire an attorney, good luck,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
0 votes Thank Flag Link Mon Jun 25, 2012
'Statute of limitations' the perfect question for an attorney..or ask on a internet Q & A thread.

When a bank sells a foreclosed home...absolutely no disclosure.
When the invesor repairs the home and sells...absolutely no disclosure.
When the heirs sell a home...absolutely no disclosure.
The list goes on and on.

Hundreds of thousands of homes are sold each year with NO DISCLOSURE. Every home owner should have exactly the same option that banks and investors have.. Any attempt at a disclosure places the homeowner in a position to prove what the don't know.

Give that some thought.
It is an impossible, extremely flawed idea creating a bad situation. Anybody can take neighborhood gossip and compel a homeowner to prove they did not know of the gossip. It certainly a play ground for attorneys and those who failed to execute proper due diligence.

Call an attorny of google 'onlinelaw"
0 votes Thank Flag Link Mon Jun 25, 2012
Believe it or not in our area doisclosure forms are rarely filled out. Seller gives a credit to the Buyer and basically walks away with not future obligations. That is why it is imperative to get a very good home inspector in this area!
0 votes Thank Flag Link Mon Jun 25, 2012
Good Question! What does your Realtor say? Any known problems with the house should be disclosed up front, or a good inspection should find it.
I agree with Lorrie, you need to consult a real estate lawyer.
Good Luck!
Genevieve Ramachandran
0 votes Thank Flag Link Mon Jun 25, 2012
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