Soldier’s ‘as is’ home purchase plagued by lies

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

DEAR BARRY: I purchased my home a few years ago, but was stationed overseas during the transaction. I trusted my agent and the honesty of the seller, but that confidence was misplaced. They disclosed that the additions were all permitted and that the termite damage was all repaired. They also had me sign that I accepted the property "as is," but I signed this based on their disclosures. After being discharged and moving in, I learned that two additions were not permitted, the screened porch was separating from the building, and the termite damage was not repaired. Do I have any recourse? --Cheryl DEAR CHERYL: It is always disappointing to learn about dishonest disclosure, but it is particularly disturbing when it is done against someone who is actively serving our country. There are two legal questions that bear on this situation. The first involves statutes of limitations, since the transaction occurred a few years ago. The second involves the real estate discl...