Help! New Home-Owner Needs Advice

Flint · 01-23-2007, 04:12 PM

The Issue: 1950s home, purchased about 6 months ago. Foundation (pier and beam) problems are starting to manifest, IE cracks in the walls, around doorways. It wasn’t mentioned in the seller’s disclosure. In fact, a deliberate attempt to cover up this previously existing damage is now clear: everywhere a crack pops out, there is a thick glop of plaster right on top of it. It’s obvious, in hindsight, but that’s why you hire professionals to check this stuff out (see below).

The relocation service (that we purchased the home from) had a structural evaluation performed, by an architectural engineer, before they decided to handle this property. They should have caught this. Also, our own home inspector made no mention whatsoever of this in his report. This is either negligent or fraudulent, I’m not sure which.

So, the mortgage company, going by these fraudulent/negligent reports, approved a loan and sold the home to us. Now, the foundation needs to be repaired (6 months later). I’m certain of one thing: this house is fifty years old, and this damage did not occur within the last six months. But, with so many parties involved, each presumably insured against such occurrences, how does one pursue such a matter?

01-23-2007, 04:12 PM	#1
Flint Snowflake Join Date: Mar 2006 Location: Dystopia Posts: 13,136	Help! New Home-Owner Needs Advice The Issue: 1950s home, purchased about 6 months ago. Foundation (pier and beam) problems are starting to manifest, IE cracks in the walls, around doorways. It wasn’t mentioned in the seller’s disclosure. In fact, a deliberate attempt to cover up this previously existing damage is now clear: everywhere a crack pops out, there is a thick glop of plaster right on top of it. It’s obvious, in hindsight, but that’s why you hire professionals to check this stuff out (see below). The relocation service (that we purchased the home from) had a structural evaluation performed, by an architectural engineer, before they decided to handle this property. They should have caught this. Also, our own home inspector made no mention whatsoever of this in his report. This is either negligent or fraudulent, I’m not sure which. So, the mortgage company, going by these fraudulent/negligent reports, approved a loan and sold the home to us. Now, the foundation needs to be repaired (6 months later). I’m certain of one thing: this house is fifty years old, and this damage did not occur within the last six months. But, with so many parties involved, each presumably insured against such occurrences, how does one pursue such a matter? __________________ **************** There's a level of facility that everyone needs to accomplish, and from there it's a matter of deciding for yourself how important ultra-facility is to your expression. ... I found, like Joseph Campbell said, if you just follow whatever gives you a little joy or excitement or awe, then you're on the right track. . . . . . . . . . . . . . . . . . . . . . . . . . . Terry Bozzio**

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