Termites found after I sold my House.

[Gabriel C.]

Hello fellow investors, I am just starting investing and I am on the process of acquiring my first rental property.

But my real issue right now is that I just sold my primary property (a condo) here in Missouri.  when I bought the house 7 years ago, I did a building inspection, a termite inspection and a radon inspection. Termites and radon came clear, and some cosmetic issues that at the time the seller repaired.  Now 7 years later I sold my house, the new buyer only did building and radon inspection.  A month after closing, when the new buyer was working on the house she found termites and termite damages.  She is demanding a refund of $13K for damages and she accusing me of not disclosing the termite problems.

I had no idea that my house had termites problems and I never noticed any damage in any of the wood structures in the house.  what can I do, what do you suggest I do? does she have a case? she is threating me with sending me to court.  can somebody help me? I have been really stressed for this situation because that was never my intensions.

thanks everybody !

Gabriel

[Wayne Brooks]

The bottom line is if you had no knowledge, you had no requirement to disclose, and therefore no liability.  In most jurisdictions, the buyer would have show that you knew of the termites, and did not disclose.  Your buyer will soon learn thi, as soon as they stop stomping their feet, and talk to someone knowledgable.