Originally posted by msommers
I had a bit of reservation about posting this as many people know who I am on this board but I need to broaden my audience of folks who may be in the know.
A quick background: I recently bought an older condo that ticked off a lot of boxes in my "needs" column. One of which was a condo with concrete construction as wood frame had a tendency to transmit sound more readily than concrete. I feel like I got a good price on this place,
did all my checks including condo doc review and home inspection before finally signing.
Shortly after possession I did some minor repairs and also some upgrades: replaced some ceiling drywall in the bathroom and all new flooring. It was upon starting these renovations that this condo was in fact a wood frame and not a concrete one as it said in the listing.
I was furious and everyone involved knew how much so rather quickly. My realtor said she would speak with someone at the real estate board on how to proceed and I also gave my lawyer a head's up of what is happening.
After this I went to down to the City and pulled blueprints, and even spoke to the architect, all of which confirmed this was a wood frame building.
Today I finally received a response from someone at the real estate board:
Again, my blood is boiling. The impression that I'm getting from this is that essentially there is no way to prove "damages," and the selling realtor gets off with zero repercussions meanwhile I have a property which I did not intend to buy, and having a wood frame which I feel decreases the appeal and therefore value of the condo.
I've forwarded everything to my lawyer whom I'm waiting to hear back from.
I've put in a decent amount of money with new appliances and renos, not to mention many, many hours of my own time to make this place my own, only to find out later it's not the property I thought I bought. The thought of moving already makes my head hurt and I doubt I'll recover my costs this quickly into the purchase. Not to mention there is no way physically to view homes right now with my work schedule which involves being out of town for days or up to several weeks at a time.
I feel I'm not at fault, neither is my realtor, nor the home inspector. The condo doc review company potentially but ultimately, the selling realtor fucked up and I feel there should be compensation. How is a buyer supposed to have any confidence in listings when the realtor doesn't appear to be accountable for what's on it?!
Thoughts? [/B]