Bit of a long story, but I’ll try to keep it short.
My partner and I entered a contract on a house that we absolutely loved. After we did our inspection, a couple of minor repairs were needed, but nothing too crazy. We decided to move forward with the purchase.
Issue came when we tried to get insurance, and we were denied coverage from the quote we tried to accept. They revealed to us that there were multiple claims on the house in the past 3-4 years, totaling hundreds of thousands of dollars, with accidental leakage/discharge being sited as the reason.
We’ve gone back to the sellers to ask them what happened, and it seems like they’re trying to avoid answering the question. We’re asking for paperwork showing us what happened to the house, what was done to fix it, and if it was properly inspected post repairs, so that my partner and I feel comfortable purchasing this house. The seller’s response to these asks was very weird, but we’re trying to give them the benefit of the doubt that they’re just trying to gather all the information in one go, so we do feel comfortable. They’re claiming they did not have to disclose this information on the seller’s disclosure, because of how extensive the repairs were and it fixed the original issue. I think that’s a load of BS, but I’m not 100% sure. The seller’s disclosure does mention renovations, and that’s it.
Anywho, main question is whether or not our earnest money is protected if they come back and refuse to provide this information, or if the information they come back with is not satisfactory for my partner and I to move forward. We couldn’t find any permits that were pulled, so our main worry is that the repairs were not done properly and it was not inspected for mold.
We’ve contacted a lawyer for advice on how we should navigate this, but we’re on a short timeline, so want to be as prepared as we can be before making a decision.
Any advice is appreciated. Thank you in advance.
submitted by /u/eliteprotorush
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