without it being illegal or outright dodgy, what/how do I insure this?
Bought property at land value of $150k,
its termite infested, previous owner has basically stripped off and put holes in every wall to see where it was infested,
remove + rebuild would cost say $200k
however, im going to spend my $50k, and fix it all up, fixed up could be worth $270k
I know there is a duty to disclose, however, what am Isupposed to do?
what happens if the house burns down now in its current state, or it burns down at the most basic stage ie all walls removed and its basically a frame and nothing else????
I dont want to be denied a claim but I think its a bit unfair that I have to let them know of every thing I do to the property
Bought property at land value of $150k,
its termite infested, previous owner has basically stripped off and put holes in every wall to see where it was infested,
remove + rebuild would cost say $200k
however, im going to spend my $50k, and fix it all up, fixed up could be worth $270k
I know there is a duty to disclose, however, what am Isupposed to do?
what happens if the house burns down now in its current state, or it burns down at the most basic stage ie all walls removed and its basically a frame and nothing else????
I dont want to be denied a claim but I think its a bit unfair that I have to let them know of every thing I do to the property