Inspection shows past fire - what do I do?

[Li Tolentino]

1st property under contract. Inspection shows past fire - attic frames are painted white. Current owner is aware of fire 30 years ago but it was not disclosed when she bought the house 11 years old. The house otherwise in good condition - inspector did not see any structural issues. This is in KSMO.

Is past fire any concern? What are my options? Thanks for your input. 

[Will Gaston]

@Li Tolentino if it were me I would use as a negotiation point. 

I'd get a written estimate from an experienced contractor and try to get the price lowered by that amount. That may be difficult to get that type of concession in this market but it's a worth shot. 

The owner will now be required to disclose to other potential buyers as it sounds like they were unaware. If you're planning on flipping this house then I would definitely price the repair in the budget. I don't know many primary residence buyers that would be okay with the current condition.