The truth is that the agent has already received their commission, and to spend any more time on problems with the house does not equate to more money for them, so they take themselves out of the equation. When home buyers find problems after closing, we have found that some real estate agents are quick to wash their hands of anything to do with newly discovered problems, and tell their former clients that nothing can be done. Whitney, LLP’s real estate attorneys help new home buyers fight back and recover compensation to fix the hidden problems. To fix it, the common thread is that if the problem is found in a new home after closing, you will likely need to obtain legal representation to help fix the damage. There are a variety of ways that a new home buyer can come to find problems, including termite damage, water damage, unlicensed electrical wiring, mold, and unsafe electrical wiring in their new home. It is common for first-time homebuyers to be victims of hidden problems, because they do not know what to look out for. Along with a robust real estate market comes dishonest, fraudulent or negligent sellers, real estate agents, and house flippers whose negligence and fraud ruin the enjoyment of a new home and cause nightmares for homebuyers who move into their home and find expensive problems and damage. Despite Coronavirus, the 2020 real estate market is still doing well.
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