Just moved in and there’s a leak in the kitchen ceiling.

Kentucky, USA. 72 days ago I closed on a house; we closed early to lock in a great interest rate before they shot up. The previous owners wanted more time before they moved to their new house, so I had agreed to rent back to them. We took possession 60 days later (required by my mortgage lender). Moved in last week, and on Tuesday noticed a water stain on the kitchen ceiling. I had my realtor (ex contractor) come investigate with me, and accessed the ceiling from a recessed can light. We found that the shower in the master bath was leaking due to a bad seal around the shower door (where the pivot is). Based on the water stains inside the ceiling and the amount of mold, this seems to have been a persistent issue for some time.

The previous owners say they had no idea and based on my previous interactions I am inclined to believe them. They also only owned the home for 12 months. Our best guess is that with the heat wave and moving our stuff, my wife and I have been showering 2x per day, and the plywood got saturated and finally leaked through. My realtor says we’d have to prove the previous owners knew to go after them, and we don’t have a way to prove that. I called my insurance agent, and she said that if it was a catastrophic issue, like a burst pipe, it’d be covered, but a preventable issue like a leak wouldn’t (I asked for a copy of my coverage and will read it tonight-the physical copy is in a box somewhere). My insurance agent suggested that the inspector should have found it, and I might be able to go after them for damages, but given there wasn’t a stain on the ceiling before, that seems unlikely to be productive.

Are there any other avenues I should be looking into or pressing back on? We just moved in and while we planned to eventually renovate the master bath, I don’t really want to spend the money right now. It looks like a reno is probably inevitable, but I was hoping insurance would help soften the financial blow. Any advice is appreciated.

submitted by /u/andmewithoutmytowel
[link] [comments]

Kentucky, USA. 72 days ago I closed on a house; we closed early to lock in a great interest rate before they shot up. The previous owners wanted more time before they moved to their new house, so I had agreed to rent back to them. We took possession 60 days later (required by my mortgage lender). Moved in last week, and on Tuesday noticed a water stain on the kitchen ceiling. I had my realtor (ex contractor) come investigate with me, and accessed the ceiling from a recessed can light. We found that the shower in the master bath was leaking due to a bad seal around the shower door (where the pivot is). Based on the water stains inside the ceiling and the amount of mold, this seems to have been a persistent issue for some time. The previous owners say they had no idea and based on my previous interactions I am inclined to believe them. They also only owned the home for 12 months. Our best guess is that with the heat wave and moving our stuff, my wife and I have been showering 2x per day, and the plywood got saturated and finally leaked through. My realtor says we’d have to prove the previous owners knew to go after them, and we don’t have a way to prove that. I called my insurance agent, and she said that if it was a catastrophic issue, like a burst pipe, it’d be covered, but a preventable issue like a leak wouldn’t (I asked for a copy of my coverage and will read it tonight-the physical copy is in a box somewhere). My insurance agent suggested that the inspector should have found it, and I might be able to go after them for damages, but given there wasn’t a stain on the ceiling before, that seems unlikely to be productive. Are there any other avenues I should be looking into or pressing back on? We just moved in and while we planned to eventually renovate the master bath, I don’t really want to spend the money right now. It looks like a reno is probably inevitable, but I was hoping insurance would help soften the financial blow. Any advice is appreciated. submitted by /u/andmewithoutmytowel [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!

Generated by Feedzy