Our neighbor just sold their CYV and neither the seller nor agent disclosed to the buyer that there was a major water leak in the slab of a 1-1/2 year old home. Last September when our neighbors came for a short stay they discovered the M/Bath and M/BR were flooded with water. A pipe under the slab had sprung a leak. TV Warranty Department fixed the problem, it took three weeks to repair. They had sledgehammers going through the floor, all the drywall, cabinets and flooring had to be ripped out and replaced with new.
Six weeks ago our neighbors came for another short stay in March, but while here they decided to buy a new CYV in Sanibel and put this CYV on the market with TV Real Estate.
Two days after they left a man along with a couple came by the home while I was in the yard, the man said, come meet your new neighbors. The home was sold, the couple said they were Canadians and just wanted to use the home for a couple of months a year since the man still worked.
The following week I saw the couple again, and they said they had just closed that morning and they were dropping off a few items and then would be headed back to Canada. The neighbor across the street said, did they tell you about the water leak in the slab? The couple looked shocked and said, what do you mean. They immediately went inside and called TV Realtor. The next day I saw the couple as they were packing the car and were getting ready to leave. The woman said to me, if I had known about the leak, I would of never bought this home. I asked what did the realtor say, she said that since it was repaired by the warranty department, it did not need to be disclosed. They got in their car and started the engine and the woman said when they get back to Canada, they were going to contact a lawyer.
The listing and photo are still online if you use search, here they are below. However, it is no longer on the TV Homes website. I would believe that not giving out such pertinent information is bad dealing by TV Real Estate, then again the realtor is working for the seller and not the buyer.
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