Buying a new home is an exciting experience, but it can quickly become stressful if you discover a latent defect after the closing. A latent defect is a hidden problem that is not readily apparent and can include issues like structural damage, electrical problems, or mold.
If you have recently purchased a home and have discovered a latent defect, you may be wondering what your next steps should be. In this situation, a real estate attorney can provide valuable assistance and help protect your interests.
What is a Latent Defect?
A latent defect is a problem with a property that is not readily apparent and can only be discovered after a thorough inspection. This type of defect can include structural damage, electrical problems, mold, or other hidden issues that can impact the value and safety of the property.
How a Real Estate Attorney Can Help
A real estate attorney can help you navigate the process of addressing a latent defect and protect your rights. Here are some of the ways an attorney can assist you:
- Reviewing Your Contract: Your attorney can review the purchase contract to determine your rights and obligations, as well as the responsibilities of the seller.
- Negotiating with the Seller: If the latent defect was not disclosed prior to the sale, your attorney can negotiate with the seller on your behalf to reach a resolution.
- Advising on Legal Options: If negotiations with the seller are unsuccessful, your attorney can advise you on your legal options, including filing a lawsuit or seeking mediation.
- Representing Your Interests in Court: If a lawsuit is necessary, your attorney can represent your interests in court and fight for a fair resolution.
- Protecting Your Interests: Your attorney can help ensure that your rights and interests are protected throughout the process, and that you receive compensation for any damages or expenses incurred as a result of the latent defect.
Conclusion
If you have recently purchased a home and have discovered a latent defect, it’s essential to seek legal advice from an experienced real estate attorney. An attorney can help you navigate the process of addressing the issue, negotiate with the seller, and protect your rights and interests. Don’t wait until the situation becomes more complicated, reach out to a real estate attorney today.