I was sold an unhabitable home

[Angila]

What is the name of your state? Colorado
I hired an agent/broker because I'm not a real estate expert and needed to feel protected. First the paperwork was very messy. I never received a disclosure statement, my agent kept saying there is nothing there it's as is. I trusted her to think that meant nothing was wrong with the house. I didn't get a copy of my fidiciary duties paper or many other things and the agency won't give me copies. I had an inspection. The realtor got me to pay more than the listing, that's another story of dishonesty. Anyway, day of closing I came to the house and there was cleaning ladies and it didn't snap at the time why they weren't using water. I told them to go and started cleaning. Immediately everything starting drowning and backflowing from the toilets. We replaced all the toilets, we did some plumbing still no resolution. We waited 1 1/2 months to close so already we where in a hotel for two weeks. We stayed in the hotel another two weeks until our sewer was replaced. We paid interest on the house, hotel, 10K for the sewer and that's not all, after tearing out the carpet, we discovered rotted wood sewer damage floors. In the heat now we can smell the sewer in the bathrooms. We found out that there had been sewer problems for years and the previous owner was to cheep to get it fixed right. We now learned that no one lived in the house for 6 months before we bought it. Now it makes sense to decieve an inspector and get it completely dried out. The line is a good 30 feet before it was to get full so you'd have to be running the water for a while before it started backing up. Our inspection was done 1 1/2 months before we closed. Knowing this, there is no way I would ever buy a house that I would have to invest another 10K just to live and then another 40K to fix all the floors. I'm so deep into this house, I'll never be able to move. Any help would be undying gratitude. Now I know why they where eager to sell to me, a young person with no knowledge, no way to have money to get an attorney after all this. HELP>>>>>>What is the name of your state? Both the selling agent and my agent who was also a broker worked for the same agency, how could anything go wrong.

[pojo2]

Get an Atty, at this stage that is probably the only way you will ever get anything out of this. He or she can also read all that paperwork you signed and let you know what it is you actually did or DID not sign.

[acmb05]

Originally Posted by Angila

What is the name of your state? Colorado
I hired an agent/broker because I'm not a real estate expert and needed to feel protected. First the paperwork was very messy. I never received a disclosure statement, my agent kept saying there is nothing there it's as is. I trusted her to think that meant nothing was wrong with the house. I didn't get a copy of my fidiciary duties paper or many other things and the agency won't give me copies. I had an inspection. The realtor got me to pay more than the listing, that's another story of dishonesty. Anyway, day of closing I came to the house and there was cleaning ladies and it didn't snap at the time why they weren't using water. I told them to go and started cleaning. Immediately everything starting drowning and backflowing from the toilets. We replaced all the toilets, we did some plumbing still no resolution. We waited 1 1/2 months to close so already we where in a hotel for two weeks. We stayed in the hotel another two weeks until our sewer was replaced. We paid interest on the house, hotel, 10K for the sewer and that's not all, after tearing out the carpet, we discovered rotted wood sewer damage floors. In the heat now we can smell the sewer in the bathrooms. We found out that there had been sewer problems for years and the previous owner was to cheep to get it fixed right. We now learned that no one lived in the house for 6 months before we bought it. Now it makes sense to decieve an inspector and get it completely dried out. The line is a good 30 feet before it was to get full so you'd have to be running the water for a while before it started backing up. Our inspection was done 1 1/2 months before we closed. Knowing this, there is no way I would ever buy a house that I would have to invest another 10K just to live and then another 40K to fix all the floors. I'm so deep into this house, I'll never be able to move. Any help would be undying gratitude. Now I know why they where eager to sell to me, a young person with no knowledge, no way to have money to get an attorney after all this. HELP>>>>>>What is the name of your state? Both the selling agent and my agent who was also a broker worked for the same agency, how could anything go wrong.

how could anything go wrong? Just look at that last sentence. Regardless a good inspector would have found all of this when he did the inspection. Let me guess, he was recommended by the real estate agent.

[weenor]

Originally Posted by Angila

What is the name of your state? Colorado
I hired an agent/broker because I'm not a real estate expert and needed to feel protected. First the paperwork was very messy. I never received a disclosure statement, my agent kept saying there is nothing there it's as is. I trusted her to think that meant nothing was wrong with the house. I didn't get a copy of my fidiciary duties paper or many other things and the agency won't give me copies. The realtor got me to pay more than the listing, that's another story of dishonesty. Anyway, day of closing I came to the house and there was cleaning ladies and it didn't snap at the time why they weren't using water. I told them to go and started cleaning. Immediately everything starting drowning and backflowing from the toilets. We replaced all the toilets, we did some plumbing still no resolution. We waited 1 1/2 months to close so already we where in a hotel for two weeks. We stayed in the hotel another two weeks until our sewer was replaced. We paid interest on the house, hotel, 10K for the sewer and that's not all, after tearing out the carpet, we discovered rotted wood sewer damage floors. In the heat now we can smell the sewer in the bathrooms. We found out that there had been sewer problems for years and the previous owner was to cheep to get it fixed right. We now learned that no one lived in the house for 6 months before we bought it. Now it makes sense to decieve an inspector and get it completely dried out. The line is a good 30 feet before it was to get full so you'd have to be running the water for a while before it started backing up. Our inspection was done 1 1/2 months before we closed. Knowing this, there is no way I would ever buy a house that I would have to invest another 10K just to live and then another 40K to fix all the floors. I'm so deep into this house, I'll never be able to move. Any help would be undying gratitude. Now I know why they where eager to sell to me, a young person with no knowledge, no way to have money to get an attorney after all this. HELP>>>>>>What is the name of your state? Both the selling agent and my agent who was also a broker worked for the same agency, how could anything go wrong.

Absent evidence that the agents KNEW that something was wrong with the house and lied to you to sell it, there is no case. Caveat emptor.

[John Se]

it really cost very little (in the schme of things) to FILE a lawsuit, fighting beyond that is what really costs. Usually the brokers are insured, their licenses are at stake, unless you signed off that you were taking the place "as is" with known and unknow defects then they will have an interest in settling. repairs might not be so bad, you need to come to a reasonable solution for all parties. thats what the court will endeavor.

[Gadfly]

YOu never mentioned why you paid more than the asking price. It's not unusual to do this to get a 100% loan with "no cash out of pocket."

[Angila]

I did get 100% loan, paid more because my agent knew I was frustrated working with other agents that didn't get the paperwork on other homes in time thus result in the loss of 5 other contracts. I never signed a disclosure statement. I thought I was protected by signing a binding agreement with exclusive right to only use that realtor buyers/brokers fudiciary.

[Angila]

Originally Posted by acmb05

how could anything go wrong? Just look at that last sentence. Regardless a good inspector would have found all of this when he did the inspection. Let me guess, he was recommended by the real estate agent.

Yes - he was.

[Angila]

Originally Posted by John Se

it really cost very little (in the schme of things) to FILE a lawsuit, fighting beyond that is what really costs. Usually the brokers are insured, their licenses are at stake, unless you signed off that you were taking the place "as is" with known and unknow defects then they will have an interest in settling. repairs might not be so bad, you need to come to a reasonable solution for all parties. thats what the court will endeavor.

I never signed anything stating as is. I never even signed the disclosure statement. Apparently there wasn't one. I would think that's not ethical.