How do I protect myself if I discover a defect in a home I am buying?

If you discover a defect in a home you are buying, it is important to protect yourself and your interests. In Oregon, residential real estate law requires the seller of a property to disclose any material defects in the home that they are aware of before the sale is finalized. If the seller fails to disclose a defect, the buyer can pursue legal action against the seller. The first step a buyer should take is to document the defect. If possible, take pictures of the defect to provide evidence. Additionally, try to get any information the seller has about the defect. You may want to consult with a real estate attorney to understand the options available to you. In some cases, the law may allow you to reject the offer or negotiate a reduced purchase price due to the defect. In some cases, the seller may be required to make repairs for the defect before the sale can be finalized. If you are unable to come to an agreement with the seller, you may be able to file a lawsuit to recover damages. This process can be complicated and may involve a lengthy and costly court case. It is important to understand all of your options and rights before making any decisions. An experienced real estate attorney can help you navigate the process and protect your interests.

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