I bought a home in NC about 4 months ago. I just discovered the entire original home that was here originally completely burnt down. About 2 years after that, the new current house was built. This was with the same owner that I bought the house from, as in they were the owners of the house that burnt down and the one I’m now living in so they of course know of this.
There was no mention of this in the property disclosures, and I was never officially informed of this. This seems like way too big of a thing to not disclose and certainly can't be legal. All of the property disclosures were answered based on the current rebuilt home.
I'm not sure what the value in me knowing would've been but I certainly would've liked to know this during the DD phase to ask more questions and make sure that everything was a complete rebuild and ensure that nothing was re used, but their failure to disclose that led to me not having that opportunity.
Anyone else dealt with something like this? Yes I’m talking to my agent and will plan to ask my closing attorney.
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/1ohe34d/undisclosed_total_loss_fire/
Comments
Post a Comment