We put in an offer to buy a wonderful landmarked house which we were told the sellers (heirs) were eager to unload. We made an offer that the sellers Realtor recommended would be successful, which was accepted. We were then told that we had to both hire an attorney and get an engineer’s report before any contract would be signed. We were also told that we had to do all this in a big hurry to satisfy a pending state tax debt. We complied.
\nStrange things began to occur the very next day\u00e2\u20ac\u00a6 and we suspected that someone else might be vying for this house. We were personally assured this was not the case. Phrases like, \u00e2\u20ac\u0153no\u00e2\u20ac\u00a6 no one else is involved\u00e2\u20ac\u009d and, \u00e2\u20ac\u0153don’t worry, the house is absolutely yours\u00e2\u20ac\u009d were used. So, we hired the attorney, and an inspector (lots of $$$). We inspected and asked for concessions (credit) for some rather severe structural damage. We were resoundingly dismissed. No one contacted us from the realtor’s office again. However, the seller contacted us last night to ask what happened. In our talk, I discovered that this property was under litigation between the sellers. On sibling was suing the other two, trying to force then to sell to a speculator. Unbeknownst to us, a judge had decided the day before on behalf of the speculator because we had asked for repairs credits which might have made our offer less. We actually did nto ask for a particular amount, but this was enough to make the judge <\/p>\n
I’m pretty angry about this.
\n But my question is: is this ethical for the realtor to have done? She did not advertise the house as an \u00e2\u20ac\u0153As Is\u00e2\u20ac\u009d, nor did she inform us that the house was under this litigation. Why would she have pushed us to get an attorney right away and an inspection- if the house sale was As Is? She also did not convey messages from both the seller and me requesting an urgent conference with the other. In fact the seller tried to locate me for days before this judgment. And I had requested numerous times a meeting with the seller. If I had known about this situation, I would have been able to respond.
\nIf I had been informed, I likely would either not have bid at all, or not spent all that money for a structural engineers inspection when I was on my own to begin with. I would have been able to contemplate the ramifications of an As Is purchase. Instead I was lied to and tricked into competing in a pending legal mess.
\nBy the way, even though I looked at this property at least 9 times, not once did the broker or realtor ask me to sign a disclosure sheet before seeing the property. I am told this is a violation of license.
\nDo I have any recourse?<\/p>\n","protected":false},"excerpt":{"rendered":"
We put in an offer to buy a wonderful landmarked house which we were told the sellers (heirs) were eager to unload. We made an offer that the sellers Realtor recommended would be successful, which was accepted. We were then told that we had to both hire an attorney and get an engineer’s report before…<\/p>\n","protected":false},"author":159474,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[],"districts":[],"class_list":["post-55660","post","type-post","status-publish","format-standard","hentry","category-real_estate"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2011\/04\/broker-does-not\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BROKER DOES NOT DISCLOSE HOUSE IS UNDER LITIGATION -IS THIS ETHICAL??","url":"http:\/\/www.brownstoner.com\/forum-archive\/2011\/04\/broker-does-not\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2011\/04\/broker-does-not\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Real Estate","author":[{"@type":"Person","name":"hardwerkin"}],"creator":["hardwerkin"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2011-04-29T15:55:31Z","datePublished":"2011-04-29T15:55:31Z","dateModified":"2011-04-29T16:00:07Z"},"rendered":"