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Hidden damage to the house that wasn’t found in an inspection and not disclosed by the seller. Low level water or termite damage that can’t be seen because a la
by brightball 8y ago
Hidden damage to the house that wasn’t found in an inspection and not disclosed by the seller. Low level water or termite damage that can’t be seen because a layer of wall was built in front of it.
Just as an example.
- sokoloff 8y agoHow often do those issues come up and what is the typical recovery? I’d guess under 1% and maybe $25K, implying a value of $250. The commission on my house was over 200 times that figure, making for incredibly overpriced insurance if that’s the primary value the fee brings.
- brightball 8y agoI guess it depends on the cost of your house. Everything is relative. You can always negotiate a flat rate with a realtor too.