We recently purchased a home and were specifically told that the house was fully upgraded to copper plumbing and and an upgraded electrical panel. This is written in the listing and contract. These items have not only turned out to be false, but within the 6-month period of ownership need to be replaced and it will cost close to $10,000 for both items. These are not covered by homeowner's insurance as the installation was illegal and faulty. Is this a court case for the sellers or for the agent who misrepresented the property? Thank you in advance for all advice.
There are certain steps to follow to buy and sell real estate, from listing the property or making an offer, to meeting contingencies, among other things.
Property buyers are granted certain buyer's rights, which include things like getting accurate information about the property and choosing your own lender.
by attorney Isaac Benmergui
If youve been shopping for months for a home in South Florida, there is hope on the horizon; available home inventory is on the rise. For weary new... more