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Updated about 2 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Jacob Fussell
  • Real Estate Agent
  • Shreveport, LA
2
Votes |
7
Posts

Should I back out of this deal??? Foundation/waterdamage…

Jacob Fussell
  • Real Estate Agent
  • Shreveport, LA
Posted

I got a great deal for a higher end home(est.30k equity at the buy), but the seller didn’t take the time to fill out property disclosure correctly or lied about a leak he previously had in the home. Appears that he redone the ceiling and moisture damage in baseboards). There is also a stair case crack on the brick exterior(no interior cracking). Should I back out of this great deal to be safe? I’ve bought a house with a bad foundation and it’s a pain.

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