We bought our house in June and 3 days after we met our neighbors who stated they were surprised the house sold so soon because it is the path of a bridge project and the agent was on the committee to have the project stopped. Since this was not disclosed can we sue them. We just got information that we may not be in our house a year before the try to buy us out and tear it down.
2007-12-07 06:50:48 · 9 answers · asked by Kimberlee M 1 in Business & Finance ➔ Renting & Real Estate
It is not the realtor's responsibility to disclose this information, it is the previous owner's (however, you must have proof that the owners were notified of the bridge project). Whoever is sponsoring the project (city, state, county) will have put up signs regarding the project.
2007-12-07 07:00:01 · answer #1 · answered by smartsassysabrina 6 · 0⤊ 0⤋
Well, for starters, consider yourselves fortunate that you are IN the path of the bridge project and not directly next to it.
If you ARE in the path of the bridge project, chances are good that you will get at least as much as you paid for the house, if not more, in the event that it is purchased for demolition. That being the case, you will not have suffered any financial loss. So what will be the basis for your lawsuit ?
Simply that you were not informed ?
While it sounds like you have a basis for non-disclosure, you're going to have to show some sort of financial loss to get anywhere in litigation. Without a loss, you're just going to court to 'make a point'.
2007-12-07 06:56:40 · answer #2 · answered by acermill 7 · 0⤊ 0⤋
IF THE AGENT knew this grow to be in direction of a bridge venture they did no longer fulfill the fiduciary repsonsibity to the two events. Did you sign a vendor Disclosure? Did you have a clientele agent or grow to be this twin organization? There are some responsiblty positioned on the customer as properly. seek for advice from the broking provider in contact. some companies have blunders and ommission coverage.while you're no longer happy seek for advice from a attorney, yet provide the real property company one risk to superb venture.
2016-10-10 11:48:39 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Since the realtor knew of the coming plans but was greedy for that almighty commission, I'm assuming you can sue. Get yourself a good lawyer & do it now. Your lawyer or you should be able to secure the paperwork stating who was on the committee. It's a start. Good luck!!!
2007-12-07 07:01:57 · answer #4 · answered by Shortstuff13 7 · 0⤊ 0⤋
Yes, sue them. You should, they were suppose to inform you about these actions. Also read your contract but go see a lawyer. Then again if the bridge building guys are willing to meet your price, why bother ? Make profit, maybe that´s what the destiny is.
2007-12-07 06:58:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I would think you could sue the owners and/or the real estate agent! Get ahold of a real estate attorney and find out!
2007-12-07 06:54:03 · answer #6 · answered by Anonymous · 0⤊ 0⤋
this is a local question. You need to find out the laws in your state. One of the easiest would be to ask an impartial agent this question.
2007-12-07 06:54:18 · answer #7 · answered by Red Velvette KY 3 · 0⤊ 0⤋
Call an attorney
2007-12-07 06:54:18 · answer #8 · answered by l_o_u_i_e_2_2 2 · 0⤊ 0⤋
definitely you can sue.
but contact your lawyer about this first.
the neighbors might not be 100% sure.
2007-12-07 06:54:15 · answer #9 · answered by YoJamma 6 · 0⤊ 0⤋