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Tax, SDIRAs & Cost Segregation

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Jacob Elbe
  • Springfield, VA
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113
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Recourse for undisclosed leak after closing?

Jacob Elbe
  • Springfield, VA
Posted Jan 8 2015, 20:21

So I closed on a property today and when my agent went over to the property afterwards the tenant showed to the kitchen where the ceiling was wet.  The tenant explained that it had started about a month ago, but nothing had been done about it yet.  He immediately called me and my property manager got a contractor out there this afternoon.  I don't know the extent of the damage or repairs yet, but...  

Do I have any recourse if the tenant told the seller about the leak while I had the property under contract, but nothing was ever done or disclosed to me?  

I had my agent do a final walk through of the property a few days ago, but he somehow didn't see this because he said he was focused on the issues we had the seller fix. Yes I know my agent screwed up. I've had the property under contract since November but closing was delayed due to issues getting a clear title and the leak was not there when the property inspection was done.

Thank you!

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