Is there anything we can do to if we purchased a home as is if we were never told that there were structural and electrical issues
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Is there anything we can do to if we purchased a home as is if we were never told that there were structural and electrical issues
We were trying to sell our home when the
possible new owners had an inspection there was
issues with the main floor beams and the
electrical box that we were never told about
when we purchased the house 4 years ago from
previous owners in Pennsylvania. Thank you
Asked on October 24, 2017 under Real Estate Law, Pennsylvania
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
Unfortunately, at this point, you probably have no recourse. An owner has an obligation to disclose known, but not-readily apparent or hidden ("latent") issues to prospective buyers, and a failure to do so can be fraud, providing a basis for a law suit and for seeking compensation. However, the statute of limitations, or time within which you must bring a lawsuit, for fraud in your state is only 2 years; if you bought the home 4 years ago, you would have exceed the statute of limitations and may no longer bring a lawsuit. Since you can't sue, you have no ability to recover compensation.
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