Legal Question in Real Estate Law in New Jersey

I had a final walkthru on house before closing and due to a rainy day, found garage was leaking getting water inside large puddles on floor coming up from all sides, therefore rotting walls and framing. Not known to me, nor found during inspection. I refused to close until getting estimates. After several estimates all saying that the garage needed to be replaced at a cost of $25,000, due to poor drainage, and rotted out. The sellers have no money and have to bring 50,000 to the table to close. My attorney said they could keep my deposit if inclined, if I dont close. This does not seem fair, what is walk thru for if you cannot recoup damages not known or incurred later?

Asked on 12/26/13, 1:42 am

Robert Davies The Davies Law Firm, P.A.

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0 attorneys agreed

You need a second opinion. This is serious and may cost you a lot.

That is the best the lawyer can say, you are stuck? Seems wrong.

Call me, come in and see me, and let's see if I can give you some options.

Robert Davies, Attorney

201 820 3460

Answered on 12/27/13, 7:24 am

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