General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Home Inspections - recourse when deficiencies found
I purchased a property about six months ago that went through a three piecemeal inspections with a home inspection firm. Each home inspection didn't cover the entire house, but only portions of the house they were able to access due to seller issues with the full rehab. As a result of a rush job from the seller, I'm now encountering significant issues (electrical, insulation and roofing) that were not identified in any of the home inspections completed by the firm. Additionally, for those 'minor' items that were supposed to be fixed, the seller provided pictures of the fixes such as installation of GFCI outlets, which I now have found out were installed incorrectly and are a safety hazard to the current renter.
Has anyone had a situation where there are significant items that were not caught in the home inspection - anticipating likely between 10-15k in repairs that should've been caught in the inspection based on a few estimates. I've read through the the disclaimers, but feel this borders on negligence beyond what a standard home inspection should have found.
Seems like there may be recourse, just not sure what others have encountered either against a home inspection or against a seller providing pictures of a fix which were cosmetic but still had underlying safety issues. Thoughts / suggestion are welcome.
Has anyone had a situation where there are significant items that were not caught in the home inspection - anticipating likely between 10-15k in repairs that should've been caught in the inspection based on a few estimates. I've read through the the disclaimers, but feel this borders on negligence beyond what a standard home inspection should have found.
Seems like there may be recourse, just not sure what others have encountered either against a home inspection or against a seller providing pictures of a fix which were cosmetic but still had underlying safety issues. Thoughts / suggestion are welcome.