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Water damage not disclosed on sellers disclosure

Closing on a house in just over a week, and found out yesterday through applying for home owners insurance that the sellers did not disclose a claim for $100k (buying house for $940k) for water damage from a "leak" in the kitchen. It seems like they purposely did not disclose this because they did disclose a claim for the roof 10 years ago, but nothing about the water damage.

Everything I am seeing says sale/resale value goes down when there is water damage, but there was no discount on sales price. My insurance is also going to be $1,300 more per year due to this.

I am in love with this home. It is in the perfect area for me. The sellers have offered to pay for a mold inspection, but I feel like I am still going to be getting screwed by paying full price even if there is no mold.

Should I cut my losses? Ask to reduce the price? Please give me all of your advice and opinions.

submitted by /u/doge_ucf
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source https://www.reddit.com/r/RealEstate/comments/1unjpyf/water_damage_not_disclosed_on_sellers_disclosure/
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