Q: We purchased a a flipped, bank owned home, and found out later that it seemed the sellers hid many problems.
We found out within a few months that it had a moisture problems and had water damage. Our neighbor told us that trees had fell on the roof and I have no idea how long there was an opening. Also the sump pump in our basement was not functional even though we were told it was fixed(could not check because Radon professionals sealed pit). Within the first few months we started to see significant mold growth on basement walls and later it was pointed out to us that the sub floor also had been water damaged in areas and had mold growth. It appears they hid the mold issue by running a dehumidifier and painting the walls white. During the walkthrough and inspection everything looked fine. I am wondering if there is any recourse against the sellers. Clearly they knew of these problems. Mold remediation would be costly. I am also sensitive to mold and have developed breathing issues and we now have a baby in the house. Not sure what to do and we don't have a lot of money for legal fees. Advice
A:
If a seller purposefully hid and misrepresented known material issues to you, you may have recourse.
You should see the attorney that represented you in the purchase, and review the home inspection report with the attorney.
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