If our inspection found a structural defect in an outbuilding and it was not disclosed, are we obligated to buy the house?
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If our inspection found a structural defect in an outbuilding and it was not disclosed, are we obligated to buy the house?
After mentioning it to the seller, he stated that it has been like that since he bouoght the house. This defect does not allow you to open the overhead door safely, or even at all.
Asked on August 8, 2012 under Real Estate Law, Ohio
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Where are you in the process? Signed contracts only? And you had an onspection that revealed issues? And you have an attorney? Because an attorney will have to deal with the selller's attorney about the rights and obligations you both agreed to under the contract. That will govern what you can do. You may be able to negotiate the price or repair or cancel. I can not say with out reading the agreement. Good luck.
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