When a person purchases a home, they always hope that everything goes according to plan and that all of the information they have been given is accurate. However, a seller may completely misrepresent the home to the buyer who now may be in for a lot more than they had initially anticipated, and if they had known about the issues, would not have purchased the home. This may actually result in a lawsuit against the seller or their real estate agent.
If a real estate agent or a seller is aware of an issue with the home and fails to tell the seller, they may have a claim for misrepresentation. For example, if the home had previous water damage but the seller said the home has never had an issue, it can be considered misrepresentation.
As a potential home buyer, it is always best to have a thorough home inspection done on the home before any contract is signed. It is important that you keep all information that the seller has told you about the home documented in the event that misrepresentation results in a lawsuit.
It is always a good idea to ask a lot of questions and even bring in professionals if you suspect that the seller of the home or their real estate agent misrepresented the home in some way. You have legal options and can be reimbursed if the situation comes to that. It’s always best to have legal representation every step of the way. Your attorney can let you know if there are any red flags and can guide you in the right direction.
If you require experienced legal representation for any of your residential and commercial real estate, bankruptcy, or family law matters, contact the Mark Scollar Law Office today to schedule a consultation.