Agent

Buyer regrets not having home inspection

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Dear Barry, We purchased a house two years ago but never had a home inspection. Since then, we've discovered a number of problems that were not disclosed by the sellers. Part of the house was added without a building permit, and the roof has major leakage at this addition. According to our roofing contractor, the roof has insufficient slope, and there is no felt under the shingles. Do we have recourse against the sellers or the agent? –Elizabeth Dear Elizabeth, You've just discovered a central reality of acquiring a home. Buying one without a professional inspection is a major mistake; one that can have costly consequences. Although sellers and agents are required to disclose known defects, no one can provide the defect disclosure of a professional, full-time faultfinder. Either you were not adequately advised of this prior to buying your home, or you chose to ignore the advice you received. If you were represented by an agent, it was his or her responsibility to emphasize the...