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Updated 6 months ago on . Most recent reply

User Stats

195
Posts
32
Votes
Tim Silvers
  • Las Vegas, NV
32
Votes |
195
Posts

Flipping prior fire-damaged house

Tim Silvers
  • Las Vegas, NV
Posted

Our SRPD has no section in it which specifically asks if the seller has knowledge there was past fire damage (unlike for mold) to the property, however, the buyer's inspection revealed burned wood that had been sprayed in the attic. This led to the buyer's agent asking why this was not disclosed in the SRPD. After a lengthy and extensive renovation, the property is in near stellar condition. I offered a credit to the buyer to repair the attic. Everything was reinforced with extra beams, so we just didn't make it look pretty since it's in the attic. Thus, it's more of a cosmetic repair, if anything.  There are no other safety concerns or visible signs of the fire left intact. That being said, is there any legal requirement to disclose there was a fire with a prior owner at some point?
 

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