Quote:
Originally Posted by springfield
Before you sign on the dotted line, walk around the neighborhood to get a feel for it...
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A CYV on my street when it was less than one year old sprung a leak in the slab below the master bath. The owners were snowbirds, so when they came back from the north the master bath and master BR were a couple of inches deep in water.
They contacted warranty department and TV repaired everything. Removed drywall up 3' from floor, removed the carpeting, bath flooring, vanity, toilet, and then jackhammered into the floor and fixed the leak. Filled and patched the hole and replaced everything with new. There was about 3 days of no work when the leak was fixed, they ran high speed blowers and heaters to dry everything out. The entire repair job took 3 weeks.
After the repairs the owners put the home on the market with The Villages Realty and it sold within 2 weeks. The new owners had just arrived from closing and were getting ready to unload in the driveway and another neighbor walked over and said, welcome, didn't you have any concerns about the leak or flooded bedroom? They had never been told.
The new buyers got a lawyer and wanted the deal voided for failure to disclose faults to the property. The Villages response was since it was under warranty and repaired by TV, they weren't required to disclose any of this information with the buyers. The new owners listed the home right away with The Villages Realty and sold it in a couple of weeks.
Deja Vu, new owner standing in the driveway, same neighbor trots across the street and asks new owners. Weren't you concerned about the flooded bedroom and bath? These people took it in strike and actually lived there for 3 years before reselling. Here's the home, without being told you would never know by looking at the property. It has stood 8 years since the leak, so they must of done a good job and the soil is holding.
