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Updated over 7 years ago on . Most recent reply

User Stats

19
Posts
3
Votes
Jordan Coates
  • Smithfield, NC
3
Votes |
19
Posts

Due Diligence: Things not disclosed

Jordan Coates
  • Smithfield, NC
Posted

My wife and I have had an offer accepted on a small house that we're looking to turn into our first investment property. It's a 3BR/1.5B SFR. There are several issues with the house that are not huge deals (individually) but they were not disclosed in the property state disclosure form. Not only were these things not disclosed (items listed below), but each of them was marked as a "No Problems Exist" or "functioning normally" on the disclosure form. The issues are as follows:

-Power outlets in front 2 BR don't work (about 1/3 or total SF)

-A/C unit does not blow cold air

-There are polybutylene pipes in some of the bathrooms

-1 toilet is non-functional, both toilets are not secured to the ground (per inspection report)

-Bathroom fittings have leaks

-Kitchen sink has leak

Again, these issues were not just left off the disclosure list they were indicated to be in perfect working order in the seller's property disclosure form that was included with the contract.  I'm not looking for advice on how to fix these issues (I can fix them myself), I'm looking for advice on how to handle the seller?  

If they wouldn't be up front about these issues are there other things that I'm not being told about?  Is it normal for a seller to indicate that there are no problems and then the inspection finds that there are multiple issues?  

Thanks for the help!

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