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Bought a home with critical defects, what are our rights?

Q: If we bought a house without legal warranty and after we took possession we found a critical defect in the house (water damage and mold) and we had a home inspection, what are our rights?

A: You may be able to take action against your home inspector.  My recommendation would be to talk to a lawyer who specializes in Real Estate and has experience with this situation.  If you don’t know of anyone try calling Richard Ledding in Vancouver at 604-742-2288.  Tell him Ralph sent you!

About Ralph Case

Ralph Case is President of the Real Estate Action Group, an organization with monthly membership designed to help members take action in Real Estate investing: From 2004 to 2008 he bought and sold over 1400 residential units either individually or with his joint venture partners. Ralph is co-founder of Worldwide Referrals Realty and has been a speaker at Real Estate and Investment conferences across Canada. He is also an author in Real Estate Action.