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Updated over 5 years ago,

Luke MacLean's profile image
Luke MacLean's profile image
Luke MacLean
  • Flipper/Rehabber
  • from Richardson, TX
  • Member since Oct 25, 2015
  • Posts 29
  • Votes 6
  • Experience 11 Yrs
  • Investments 1
Connect

User Stats

29
Posts
6
Votes
Luke MacLean's profile image
Luke MacLean's profile image
Luke MacLean
  • Flipper/Rehabber
  • from Richardson, TX
  • Member since Oct 25, 2015
  • Posts 29
  • Votes 6
  • Experience 11 Yrs
  • Investments 1
Connect
Luke MacLean
  • Flipper/Rehabber
  • Richardson, TX
6
Votes |
29
Posts
Tax, SDIRAs & Cost Segregation

Termites found after closing. Not disclosed in SD

Luke MacLean
  • Flipper/Rehabber
  • Richardson, TX
Posted

Day after closing, my team started demo, and we discovered extensive termite and wood rot damage that wasn’t disclosed in the sellers disclosure and wasn’t discovered during our inspections.

The seller lived at the property 15 years and did several projects which included replacing sub flooring that had been destroyed by termites.

What should I do?

1 Vote
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