Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 6 months ago, 06/10/2024

User Stats

188
Posts
53
Votes
Tim Porsche
  • Investor
  • Denver, PA
53
Votes |
188
Posts

As-Is House Purchase - Seller Misrepresented - Any Recourse?

Tim Porsche
  • Investor
  • Denver, PA
Posted

Hello All, 

I am under contract to buy a duplex via a wholesale deal and have already given the earnest money deposit. The house is being sold as-is. I still intend to buy the house, but found out something rather annoying. The wholesaler and seller represented this duplex as having two separate water meters and two separate gas meters. I now come to find out that this is not the case, and it only has one gas meter and one water meter shared between both units.

My question is, since this is an as-is purchase, do I have any recourse in this situation? Basically, I'd like to ask the seller to give me a credit for the cost to submeter the gas and water lines during the sale. If he says no, is my only option to back out and lose the earnest money deposit ($6,000) or go forward with the purchase, knowing I'll have a $3,000 - $5,000 bill or more if I decide to do this later?

Thanks in advance for any guidance. If it matters, this sale is happening in Pennsylvania.   

Loading replies...