I've decided to take this post down. Thanks for the advice, everyone.
pocketrockets06 said:
One comment I would add is that 14 piers really isn't a big deal if they were engineered correctly. In the first place in Texas we lived (Lake Jackson), piers was an if question not a when.
You mentioned the foundation inspector had concerns but like what are they? Isn't it mildly possible that the current drought caused some of these foundation issues and not piers installed 15 years ago?
normaleagle05 said:
I've dealt with an out of date foundation warranty. The foundation company was happy to transfer for a larger than normal fee of just a few hundred. They want the future transfer fees more than they fear the warranty work.
Talk to an attorney because of the lack of disclosure but expect to get the warranty transferred on the seller's dime.
pocketrockets06 said:
To be fair they might have forgotten it, but even if they knowingly failed to disclose it, what's your recourse going to be? They aren't giving you the money back and unless you can prove that the new issues are related to the undisclosed repair, you have no damages to sue for. And by the time you pay a lawyer and go through that process you likely could have made all the fixes you needed for less money. Piers are surprisingly cheap. I think we did our last set for something like 3-400 per pier with an engineered drawing. Unless your foundation has completely cracked through this is likely the better route.
A couple of other points. You've already disclosed that the issues with the cracks weren't there when you bought it and your inspector didn't find anything at the time. If I'm the other guys attorney that's my evidence that this is all new damage due to the drought. I don't mean to criticize because I'd be ticked in your shoes. But I want to be realistic for you.
My issue with this sort of thinking is that we way overpaid for the house if there was foundation work done in the past.flashplayer said:
You will go through way more grief than it's worth chasing a few thousand dollars, which is all that should be needed here barring something absurd, and you may lose as others have pointed out.
Especially if your inspector looked under the house and didn't see any obvious concerns. What were the concerns of your foundation contractor that came out to look?
Do you feel like you have a duty to obtain disclosures from all previous listings of properties you're helping to buy/sell? I think that's a tough case. If the seller's agent was the same in the previous listing and the subject one, I think there's some liability there though. I had a case once where seller's agent had a plumbing inspection that showed severe problems but it was not disclosed to seller and we were able to recover.Quote:
If you are suing, I would also add their agent and your agent. I know you have a relationship with your agent, but they should have looked at the full history of the house. So should have their agent. I am a real estate agent and pay for insurance for exactly this type of situation.
Was it not a fraud committed on the property when the prior policy was in place? This is what I have always been told when my client s have discovered obvious hidden bullshi after the fact.MAS444 said:
Prior homeowners insurance will not cover it.
RingOfive said:My issue with this sort of thinking is that we way overpaid for the house if there was foundation work done in the past.flashplayer said:
You will go through way more grief than it's worth chasing a few thousand dollars, which is all that should be needed here barring something absurd, and you may lose as others have pointed out.
Especially if your inspector looked under the house and didn't see any obvious concerns. What were the concerns of your foundation contractor that came out to look?
My bigger issue, though, is that we would have never bought this house to begin with. There are two types of houses I will absolutely never buy: houses that have been flooded and houses that have had foundation issues. Regardless of whether you think I'm right or wrong for feeling this way, that's the way I feel. Those are two absolutely non-negotiables for me. And now, we've been deceived into purchasing a home that's had one of those two issues.