What is the name of your state? CA. About 12 years ago, we purchased our first home for $89,000. Similar houses are now selling for close to $500,000. It is about 35 years old and a beautiful Jacaranda tree completely shades one side of the house. For some reason, the huge root system has "heaved-up" our foundation quite exstensively. It is just now that I have noticed not only recent settling, but signs of old repair work due to settling. My research shows that in some cases, homes like this are not only unsafe, but are of no value in this condition & must be demolished. My question is: Is this my fault for not knowing this could happen? Everyone has trees around here! My homeowners ins. does not cover this; should I sue the wealthy Real Estate Broker who sold us this house (she owned it) for not mentioning the root problem? or consult the property inspector we hired who found nothing wrong with the property? or was this just an unfortunate act of God? I'm sad because I know the previous owner knew about the problem when they replaced the carpeting for renters. We were counting on our equity for braces & college for 3 sweet girls & now I feel like we have absolutely nothing. How will we ever get rid of this place & who do I contact first before it collapses on us? (I'm very serious.) Where do I begin?
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