Home Buying in Des Plaines>Question Details

James, Home Buyer in DP

What should a buyer do if they know that a listing agent is hiding damage not disclosed in the property?

Asked by James, DP Tue Jan 13, 2009

disclosure, but tells you verbally and acknoledges it, has the sellers fix it and cover it up. Its unethical! The damage to the home is due to a poor roof. Water damage has been covered up in order to try to sell the home? Please advise.

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Answers

6
Didn't your home inspector point this out to you on the the home inspection prior to closing? Or, did you not have one done? That $200-400 sure would have saved you all this grief.
0 votes Thank Flag Link Wed Jan 14, 2009
Perfect example of why it's important to have a buyer's agent!
0 votes Thank Flag Link Tue Jan 13, 2009
The Hagley G…, Real Estate Pro in Pleasanton, CA
MVP'08
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We ended up not buying the home, but is there something that we should do to report it?
0 votes Thank Flag Link Tue Jan 13, 2009
Also, most listing agent would not show the house, so the buyer may be shown by selling agent who knows little about the house ... So, inspection is important for a house.
0 votes Thank Flag Link Tue Jan 13, 2009
I think, as the buyer, you usually would have "inspection" done, and when the house is inspected by professionals, there is no way listing agent nor seller can hide anything ...

If buyer does not do inspection, you put yourself at risk. If inspection find damage, you can cancel the contract or your lawyer can asked the seller to fix, in the case, no fix, the repair cost can be withheld ...
0 votes Thank Flag Link Tue Jan 13, 2009
James,

Your question is one that balances on a fine line between the legal world and real estate. Our recommendation is to speak with an attorney to be on the sale side.
0 votes Thank Flag Link Tue Jan 13, 2009
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