Forum Archive

Had an accepted offer on a house advertised as brand new, gut reno, brand new mechanicals, perfect, move-in condition. Inspection was awful – though living space generally fine, basement revealed structural, mechanical, electrical, plumbing issues. Significant ones. Roof issues as well. Tried to negotiate but it sounds like seller will walk away in hopes of a less savvy buyer and less thorough inspector (maybe doing some very minimal work to at least fix major code violations). Aren’t brokers obligated to reveal anything if they know for sure (having read the inspection report) that the house isn’t in the perfect condition assumed by the listing description?