There can be many obstacles that prevent you from selling a home, and one of them is a failure to fully disclose the problems in your home to the new buyer. It is one of the most common lawsuits filed in real estate, especially when the transaction was done by an inexperienced real estate agent.
In the state of California, we have the perfect climate and variables to encourage mold growth within a home. And since mold can be harmful to residents’ health, and mold remediation is very expensive, a previous homeowner could be looking at a devastatingly expensive lawsuit weighed against them.
The simplest way to prevent such lawsuits is easily done by fully disclosing anything and everything that could be wrong with your house. The first step is having a qualified restoration and construction company inspect your home to get an accurate list of the problems—remember that pleading ignorance is not a valid defense in these cases.
At PDR Inland Empire, we take everything into account when inspecting your house:
- Does your house have indications of mold in the walls or floors?
- Are there any fire hazards or flammable materials in your home?
- Was your home built before 1978? And if so, does it contain lead paint in the walls?
- Is your home located in a severe fire, flood or seismic hazard area?
- Does your home need repairs? Replacements? Or need to be brought up to code in any way?
It is our duty to assess and protect your escrow so that such disclosure lawsuits do not happen. In fact, according to California Civil Code §1102.4, if your home was inspected by a licensed engineer, contractor or inspector, and no issue was found, you are provided with an immunity from seller liability for non-disclosure.
Thus, if you reside in the Corona and Riverside area and wish to sell your home, let our licensed professionals know. We are devoted to protecting your assets and ensuring that your home is sold with confidence. Call us now: (714) 732-8471 or use our online form and we’ll get in touch as soon as possible.