Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 04/08/2017
Half DuplexPurchase Liability/Repair Question
Hello all,
I'm considering purchasing a half duplex that appears to have water damage on the floor along/near the common wall between the two duplexes.
The problem is I can't really get much info. The seller is a nephew of the previous resident who had a stroke, which affected his mental faculties. So the nephew doesn't know what caused it or how old it is.
Can an inspection help here? Many inspections I review state what the problems are, but rarely what caused them. I.E the inspection will say "there appears to be water infiltration, there may be a plumbing leak somewhere." To which I reply, "no duh, I can see the water damage, but need to know what I should fix"
My questions:
- If this water damage caused by my unit how likely is it that it damaged the other unit (different owner) and if so, do I inherent liability as the new owner?
- If the damage is from the other side, how do I insure it gets fixed? How do even determine if it's coming from the other side or not?
- How do structure the contract to protect myself?
- Is this a scenario I should even consider messing with?
I have pictures but am not sure how to post them