DEAR BARRY: Our home inspector was a gem and saved us a lot of money by finding defects that should have been disclosed by the sellers. But now we’ve realized a problem that was beyond the scope of a home inspection, and which the sellers definitely should have disclosed: The family across the street has two delinquent kids who are on drugs, have drinking/pot parties on the porch and screaming fights on the front lawn, etc.
The house has a changing cast of seedy characters, and the police are there frequently. The neighbors are sick of it and say it has been going on for years.
Our sellers obviously knew about this, but said nothing. I realize this is not a home inspection question, but it does involve disclosure, so we’re wondering what you would advise. –Carolyn
DEAR CAROLYN: People often assume that disclosure requirements are limited to physical and functional defects, such as plumbing, roofing and foundation problems.
This assumption misses the purpose and intent of real estate disclosure. The essential idea is to inform buyers of any and all known conditions that could adversely affect the value or desirability of a property; anything that might influence a buyer’s decision to complete the purchase.