No home is perfect! In one way or another, they all have defects to some extent. However, concealing problem areas can result in costly lawsuits….at your expense! The horror stories come in many forms. During the height of purchasing excitement, not everyone will notice the cracked foundation or faulty roof that leak only when it rains, turn on the hallway light to experience electrical gymnastics, or even flush the toilet to watch it overflow because the septic lines are blocked.
Undisclosed defects can come back to haunt, destroying what you originally considered protected….your pocketbook and peace of mind! It is in both your best interest and that of your purchaser to obtain a structural inspection during contract negotiation. Settlement and legal fees cost far more than if you had agreed to a price concession or repaired it yourself!