I purchased a 110 year old house 18 months ago and am living in it. At the time of sale I waived inspection and did As-Is based on two factors: a 3rd party inspection was provided to me from buyer and I used the "Property Disclosure Statement" filed and signed by seller.
seller occupied house for nearly 30 years.
I discovered front porch (which is load bearing for the house - not a deck) - has been settling for many years resulting in a cracked foundation (in several spots) and a sinking supporting corner.
I can see where the previous homeowner shimmed the foundation several times and even replaced a supporting beam with pressure treated wood (this wood wasn't manufactured until 1990's and even has tags on it - but no conclusive dates)
the foundation is still settling and will cost me $10k to fix.
since it is clear (the use of the newer wood is the only proof I have) that the previous homeowner had been dealing with this major problem and working on it but did not disclose it: is that a violation of the "disclosure statement"?
Do I have recourse against seller? Is the seller liable or obligated to disclose this and if so what are my options?
Thanks for any information.