Something similar happened to us. Unless the seller admits to knowing about this, there is not much you can do because you had a house inspection & they did not offer you a warranty. Our situation: The basement was painted & looked nice. In the paperwork owners stated they used to get water during heavy rains but waterproofed & have since not had any issues with water (this statement saved their butt, they are claiming they knew of the problem, but the problem was fixed to their knowledge). Nothing showed up in our home inspection on this. Six months after moving in the basement flooded, I mean 2" of water covering 75% of basement floor. There is no way that they still did not get any water while living in the house before they sold it. Talked to a lawyer & said they were covered, the only way we could go after them for this was if someone had been in the house while they owned it & seen water in the basement after they waterproofed it. Well that was impossible. So we had to clean it up all summer & foot the bill to eventually pay to get it professionally waterproofed, which cost us $6,400. My opinion of those people that sold us this house knowing this...scum.

this is all about disclosure of what a seller "reasonably" knew. YOU are showing that the

seller to you, is therefore, not responsible.

IF you did not have sufficient insurance to cover all appliances and building materials, etc

[most buyer's skip that expense at closing], you can either buy the insurance now and wait

a few weeks to make a claim or take bids for the word and start paying.

Sorry.

[depending on the cost, you may wish to contact the first seller and offer to mediate.

IF he-she refused, you can sue him].***:D

Right or wrong. It's your problem now. Since it wasn't listed on your insurance you might get lucky with a claim. But remember all claims carry with the address at following annual renewal and if a substantial claim is made, and you want to sell to family or friends you might be screwing them and or yourself

If the home was sold "as is" you will have an up hill battle if you try to sue. "As is" means you are taking title will and all defects, known or unknown. And, does state law require the seller to disclose all known defects? If the seller is required to disclose, you will have to prove the seller was aware of the issues.

You would have to prove previous owners knew about damage, were required to disclose, and didn't disclose.

If it rained a lot in the last year you owned the house, good luck proving it was there when you bought it. Of course lawyers say it's a good case, that's how they get paid.

I bought a house last Oct. We currently found serious water damage and wall problems behind newer installed high wall base - it rained much this year as well. It looked like the

Update : I bought a house last Oct. We currently found serious water damage and

Update 2: People have two opposite opinions: 1) since sellers do not know the

Update 3: Thank you for all the replies! I did have house inspection - they

Update 4: I hire a lawyer for it anyway. Several lawyers think it's strong