Sale killed by home inspector error

Do sellers have recourse?
Published on Jul 21, 2009

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by CareyBot

DEAR BARRY: We had our home in escrow, but the deal was killed by the buyers' home inspector. He told the buyers that our foundation isn't sound and that it needs to comply with current building codes. The buyers backed out of the deal, so we had a contractor look at the foundation. He found no physical defects -- no cracks and no signs of settlement. He also said that older homes are not required to meet newer code requirements. Do we have any recourse against the home inspector? His report cost us the sale of our home. --Mark

DEAR MARK: It appears that the home inspector made some errors in his findings, but legal recourse in such cases is rarely an option. To recover your losses, you would have to prove that the buyers would definitely have completed the purchase, and o