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Question
I recently sold a lot that I owned on ebay. When I purchased the lot, I was given a map of the 3 lots that were included in the parcel. I sold what I thought was a lot that had a dirt trail that went to it. However, I soon found out that he map I had received from the previous owner was not correct and the actual legal description of the lot that I advertised and sold was about 10 lots to the south and had no trail to it.It was the same size same exact lot just 10 lots to the south. In other words I had a picture of the wrong lot on the advertisement. I have yet to hear from the buyer, but Im sure its just a matter of time. There was no contract just simply a cashiers check sent for the sale and a deed that is to be recorded with the County. Do you think there is reason for me to be concerned? I want to do what is fair. Thanks in advance for your advise!
This question is outside the normal field of my experience,
but I will give you my opinion anyway (this is just my
opinion).
Do the right thing and tell the truth NOW. Tell the buyer
what happened and offer to give them their money back right
now. If no monetary damage is done to someone, then it will
be less likely that any legal action can be taken against
you. No damage, no crime. You made a mistake with no
intention to do harm. By offering to give the money back
and be honest, you are showing there was no INTENT to do
harm. If you wait too long, the buyer may act upon his
new purchase and suffer more damage because you did not
tell him of your mistake. Waiting to tell the truth
could make this matter worse.
"Do unto others as you would have them do unto you."
Jesus Christ
I hope this helps you.
Good luck,
John McKenna, CMI
Certified Master Inspector
American Home Inspection
http://texas-inspection.com
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John McKenna, CMI
Expertise
I can answer your question about home inspections and the hidden aspects of of the industry. I own American Home Inspection for east Texas and am a Certified Master Inspector. Sometimes there are questions about buying and selling a home that a qualified and honest home inspector can answer. Many people are led to believe incomplete information about repair items and make costly mistakes when they respond. If you do not know enough information or know what to ask, you can buy a nightmare instead of a home. Is your home inspector working for you or the Realtor? Is the owner of the home telling the truth? How do you make sure the contractor who makes repairs will do it right? Is the Realtor moving too fast and causing a person to make hasty choices? What are some of the things the Realtor does not want you to know? What you discover after you are the owner of the home and then decide to sell? What type of box can the home inspector put you in when the new buyer is now inspecting your home? What can you do if the home inspector was negligent? How do you prepare for a home inspection? What should you do with the home inspection report at the negotiating table? What are the signs of sheeple being led to the slaughter? Why do some realtors hate the "deal killer" home inspector? What type of action can you take now to protect yourself from law suite after someone buys your home? When is something a minor or major problem? What are the most common problems found in a home inspection? What can you do to prepare for a home inspection? What questions can you ask the home inspector so you choose the right one? The list goes on and on... "The truth will make you free"
Experience
Over 25 years experience in construction and board certified as a Certified Master Inspector. Licensed by the Texas Real Estate Commission as a Professional Home Inspector (TREC #4565) and Certified by the National Association of Certified Home Inspectors (NACHI).
Education/Credentials
Certified Master Inspector (CMI)
National Association of Certified Home Inspectors (NACHI)
Licensed by the Texas Real Estate Commission (TREC #4565)
See more info: http://texas-inspection.com
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