You found what you thought was the perfect property. The realtor working for the seller certainly made it seem that way, but it turns out it is not everything you thought it was, and you feel you’ve been misled. According to Louisiana law, under the right circumstances, you may hold the realtor accountable for their actions, as well as seek compensation for any losses you’ve suffered.
A realtor’s job is to do what is best for his or her client. When working for a seller, that means the job is to make the property stand out so that it sells quickly and for the best price. The problem is, some realtors may exaggerate the property’s condition or features to make it more appealing to buyers. This is not okay.
When it comes to real estate, being honest is a must. When a seller or their realtor is not honest about the property, it can end up causing the buyer significant financial loss, as well as emotional turmoil. While it is best to investigate a realtor’s claims before finalizing a purchase, without the right assistance, some things may slip through the cracks. This is one reason why having an experienced real estate attorney on your side throughout the buying process is ideal.
If you did not seek legal counsel for help, and you already purchased a piece of property in Louisiana and are only now discovering issues with it that were not disclosed or that to be honest about, you may feel there is nothing you can do now that everything is said and done. Know that you do not have to take this solely as a learning opportunity so you know better for the next time. You may be able to correct the situation through legal means. To learn more, please take a moment and visit our firm’s website.