SELLERS

 

A homeseller has the most opportunity to commit fraud because they obviously know the most about the house and the surrounding area.  You should review the elements of Fraud in a Real Estate Transaction found at the Real Estate Fraud page.   In a nutshell, if the seller misrepresents facts about the house in order to induce you into purchasing the house; or they conceal facts from you in order to induce you into buying the house;  they have committed fraud. 

 

Here are some examples of Real Estate Fraud:

 

   1. Misrepresenting conditions of the house.

 

       Termites

       Foundation Problems

       Water Leaks

       Drainage Problems

       Flooding

       Square Footage

       Indicating the wrong School District

       Indicating the wrong amount for Homeowners' Association Fees

       

   2. Misrepresenting amenities of the house

 

       Indicating the house has gas utilities when it does not

       Misrepresenting electrical systems

      

   3. Failing to reveal Defects or Hazards

 

       Failing to reveal sewage back ups

       Failing to reveal septic system problems

 

Any of these and countless more that go unmentioned can be grounds for a fraud claim.  You can always contact us at no charge to find out if your problems amount to Real Estate Fraud.