Undisclosed problem in condo

[MKSA]

What is the name of your state? Florida

My husband and I purchased a newly-"converted" condo from the developer 6 months ago. We hired a home inspector, who found minor issues, which the developer corrected. Six weeks after moving in, and after we began to make expensive improvements, it rained and we noticed flooding in two of our three bedrooms. The developer reluctantly acknowledged responsibility, and since then they have made multiple slow and inneffective (but undoubtedly expensive) efforts at their own cost to remedy the situation. For only about three weeks of the 4 1/2 past months have those rooms been usable. Unfortunately, after we had moved all the bedroom furniture back into those rooms from our dining room this last time, it has rained again and the flooding is, if anything, worse. We have two small children, and simply cannot tolerate this any longer. Coincidentally, a nosy neighbor wandered by during one repair in which the exterior wall was being replaced, and mentioned that he had rented our unit during it's apartment days, but had to be relocated when he reported the flooding problem to the apartment management company. We were never told of this problem, we cannot live like this, and we obviously can't sell it like it is. Is there any way we can force the developer to buy back our unit at it's current market value (to include the improvements we've made and the high local real estate appreciation rate)? Otherwise, we're likely priced out of the local market. Thanks in advance for any advice.

[freespeech]

You need to find a Real Estate Atty and put some heat to the seller. Honestly you are in for a very expensive venture to even recover damages or force them to do the repairs and do them correctly. I doubt very seriously they can be forced to buy the property back from you at the now appreciated value unless that may in the end be less expensive than the repairs.

In one sense you are very lucky they have tried to fix the situation.

What is causing the problem, siding, roof, window leaks??

[MKSA]

Originally Posted by freespeech

You need to find a Real Estate Atty and put some heat to the seller. Honestly you are in for a very expensive venture to even recover damages or force them to do the repairs and do them correctly. I doubt very seriously they can be forced to buy the property back from you at the now appreciated value unless that may in the end be less expensive than the repairs.

In one sense you are very lucky they have tried to fix the situation.

What is causing the problem, siding, roof, window leaks??

Apparantly, part of the conversion process involved the developer building a new clubhouse and pool, which are adjacent to our unit. The grade of the land as a result slopes toward us and in our heavy Florida rains, the water rushes and then pools around us. In the future, we'll seek counsel from a surveyer in addition to the home inspector, who missed any signs of water damage cover-up.

[HomeGuru]

Originally Posted by MKSA

Apparantly, part of the conversion process involved the developer building a new clubhouse and pool, which are adjacent to our unit. The grade of the land as a result slopes toward us and in our heavy Florida rains, the water rushes and then pools around us. In the future, we'll seek counsel from a surveyer in addition to the home inspector, who missed any signs of water damage cover-up.

**A: you need an atorney now. And home inspectors are not liable for inspecting common areas of a condominuim project.