Comments on: Decatur Applies for GEMA Grant to Purchase Flooding Westchester Home

By: Steve

Steve — Thu, 18 Aug 2011 21:00:08 +0000

That may not have been in effect at the time – disclosure requirements became much more comprehensive a while back. It depends on when the property was last sold. And, as has been pointed out, development in the interim may have had an effect. What was true then may not be true now.

By: Toml

Toml — Thu, 18 Aug 2011 20:51:06 +0000

Take a look at Section 6. Drainage, Flooding and Moisture in Georgia Association of Realtors’ Seller’s Property Disclosure Statement, available online…

By: Karass

Karass — Thu, 18 Aug 2011 20:23:14 +0000

Really? My impression is that it’s buyer beware in this state. The seller is supposed to indicate all defects but there’s little incentive to do so. Once a deal is closed, it’s lots of time, stress, and legal $ to get redress from the seller.

By: Toml

Toml — Thu, 18 Aug 2011 20:13:13 +0000

I disagree regarding disclosure. The buyer would have received a form with a check mark indicating “Basement Floods” or something to that effect during the sale process. The buyer was informed.

By: mbabazi`

mbabazi` — Thu, 18 Aug 2011 19:21:07 +0000

It has helped, we hope, but there has been a spate of new construction in the drainage area, so we might not be out of the woods.