Jeremy Braud
New Member
- Jurisdiction
- California
Hello.
I purchased a home a little over a year ago in Los Angeles. The company I purchased it from was a fairly well respected developer/flipper who pretty much gutted the property before I purchased it for $800k.
A couple of months ago I got a call from my tenant because there was moisture and mold on the first floor, which we believed to be in part due to the recent rains. When we demo'd and removed the dry wall and flooring we uncovered a lot of old water damage that had simply been covered up with new dry wall and not waterproofed the property. Then we found a massive crack in the retaining wall/foundation. None of these issues were disclosed in the legal requirements.
I invited the sellers to meet me at the property and they acknowledge that they knew about the crack in the foundation and were proud for having reconstructed the wall which covered the foundation from plain sight. They also posted before/after pictures on their social media account which would make it hard for them to deny knowledge of this major issue.
I am considering suing them and feel like I have a strong case. I'm expecting the entire amount of damages to be between $150,000-$200,000 since the foundation would need to be replaced.
Before I hire a layer I wanted to ask how strong does my case sound to this community? Please let me know if I can provide an additional information. Attached is an image of the foundation from the social media post posted by the developers.
Thank you.
I purchased a home a little over a year ago in Los Angeles. The company I purchased it from was a fairly well respected developer/flipper who pretty much gutted the property before I purchased it for $800k.
A couple of months ago I got a call from my tenant because there was moisture and mold on the first floor, which we believed to be in part due to the recent rains. When we demo'd and removed the dry wall and flooring we uncovered a lot of old water damage that had simply been covered up with new dry wall and not waterproofed the property. Then we found a massive crack in the retaining wall/foundation. None of these issues were disclosed in the legal requirements.
I invited the sellers to meet me at the property and they acknowledge that they knew about the crack in the foundation and were proud for having reconstructed the wall which covered the foundation from plain sight. They also posted before/after pictures on their social media account which would make it hard for them to deny knowledge of this major issue.
I am considering suing them and feel like I have a strong case. I'm expecting the entire amount of damages to be between $150,000-$200,000 since the foundation would need to be replaced.
Before I hire a layer I wanted to ask how strong does my case sound to this community? Please let me know if I can provide an additional information. Attached is an image of the foundation from the social media post posted by the developers.
Thank you.
