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  #1  
Old 01-11-2004, 05:54 PM
Ulcers
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Unhappy

Full Disclosure


What is the name of your state? CA

Hope you can help: - Here's the issue: I sold my house, The people who bought were denied insurance to the house - having found out that it had had a claim on it. They asked me about the claim - I explaind what had happend and gave them receipts of what I had repaired.

They found insurance through another insurance Co. - Proceded to buy the house - 4 months after closing, they are demanding money for further repairs from me saying I did not disclose fully.

What should I do?
  #2  
Old 01-12-2004, 09:14 AM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 76,401

Re: Full Disclosure


[quote]Originally posted by Ulcers
[b]What is the name of your state? CA

Hope you can help: - Here's the issue: I sold my house, The people who bought were denied insurance to the house - having found out that it had had a claim on it. They asked me about the claim - I explaind what had happend and gave them receipts of what I had repaired.

They found insurance through another insurance Co. - Proceded to buy the house
- 4 months after closing, they are demanding money for further repairs from me saying I did not disclose fully.

What should I do?

**A: please explain the details of their claim of improper disclosure. Why wasn't the problem noted on your TDS?
  #3  
Old 01-12-2004, 07:10 PM
Ulcers
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First of all Thanks for your help!!

They (The Buyers) are claiming that they could not see all of the damage and had assumed that I had repaired all of the items.

(Note: They were allowed to re-inspect the property once they found out about the claim (I had nothing to hide) - even after the inspection clause and deposit contingency was over.)

During the listing here is how the TDS was listed:

- The TDS states:
- Are you (Seller) aware of any significant defects/malfunctions in any of the following? B. Yes No. If yes, check appropriate space(s) below. - Interior Walls Ceilings Floors Exterior Walls Insulation Roof(s) Windows Doors Foundation, Driveways Sidewalks Walls/Fences Electrical Systems Plumbing/Sewers/Septics Other Structural Components, (Describe:Slab(s)

I had checked no to everything -

I had fixed what I thought was significant damage, (Through my own elbow grease and help from a couple of friends who are in the business) and I had lived in the house for almost 2.5+ years after the damage / claim and repairs without any calms, issue or regret - As a matter of fact I had complements from everybody as to how good the repairs were.

Apparently the new owners got another opinion - and were advised that they need to refurbish totally, "again" due to previous damage.

Well - that's how I see it - and of course- I think the new owners are out to get what they can from me!! - Or they have found an attorney who is convinced that he/she can make money from this disagreement (on Consignment - What has one got to loose)

In the mean time I am getting Ulcers - worrying about the outcome - it could be a $5,000 to $50,000 question - (One never knows - once it gets into the hands of crooked Lawyers – THERE ARE A FEW (10 – 20% -) OUT THERE

By the way is there any way I can sue back for - the ulcers - no sex -etc.?

First thing is mediation if I read the sales contract right!! - But even that costs $$$.

With trying to put a daughter thru med school - I do not need this.. - Again your help is greatly appreciated!!! - Thanks a million!!!! - HOME GURU!!!
  #4  
Old 01-12-2004, 07:44 PM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 76,401
Quote:
Originally posted by Ulcers
First of all Thanks for your help!!

They (The Buyers) are claiming that they could not see all of the damage and had assumed that I had repaired all of the items.

(Note: They were allowed to re-inspect the property once they found out about the claim (I had nothing to hide) - even after the inspection clause and deposit contingency was over.)

During the listing here is how the TDS was listed:

- The TDS states:
- Are you (Seller) aware of any significant defects/malfunctions in any of the following? B. Yes No. If yes, check appropriate space(s) below. - Interior Walls Ceilings Floors Exterior Walls Insulation Roof(s) Windows Doors Foundation, Driveways Sidewalks Walls/Fences Electrical Systems Plumbing/Sewers/Septics Other Structural Components, (Describe:Slab(s)

I had checked no to everything -

**A: this is where you went wrong. You should have checked yes and then explained what the problem was and that the problem was fixed, how it was fices etc. And you still did not state what the problem was.
********

I had fixed what I thought was significant damage, (Through my own elbow grease and help from a couple of friends who are in the business) and I had lived in the house for almost 2.5+ years after the damage / claim and repairs without any calms, issue or regret - As a matter of fact I had complements from everybody as to how good the repairs were.

**A: you and your friends may not have done the job the way a licensed contractor would have done it. Your concept of repair may not be the same as the Buyer's.
***********

Apparently the new owners got another opinion - and were advised that they need to refurbish totally, "again" due to previous damage.

Well - that's how I see it - and of course- I think the new owners are out to get what they can from me!! - Or they have found an attorney who is convinced that he/she can make money from this disagreement (on Consignment - What has one got to loose)

In the mean time I am getting Ulcers - worrying about the outcome - it could be a $5,000 to $50,000 question - (One never knows - once it gets into the hands of crooked Lawyers – THERE ARE A FEW (10 – 20% -) OUT THERE

**A: the cost to correct would be determined by experts and a fixed dollar amount confirmed.
*******

By the way is there any way I can sue back for - the ulcers - no sex -etc.?

**A: you can sue and maybe give the judge a few laughs.
********

First thing is mediation if I read the sales contract right!! - But even that costs $$$.

With trying to put a daughter thru med school - I do not need this.. - Again your help is greatly appreciated!!! - Thanks a million!!!! - HOME GURU!!!
**A: please state the exact damage and how you repaired it.
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