The Moneyologist: The foundations of our California dream home are rotting — do we sell or sue the former owner?

Dear Moneyologist,

We finally bit the bullet and bought a house when we moved to L.A. two years ago. Hindsight being 20/20, maybe that wasn’t such a great idea. Our house was originally built in 1929, and sits on a hill with a lovely view in an up-and-coming neighborhood called Glassell Park. We bought the house from investors who marketed it as “fully remodeled” with new stucco, and hired a home inspector to make sure there were no problems. Some details: Our house is 792 square feet on a 7,000 square foot lot, purchase price in 2015 was just over $560,000. Our mortgage payment, because I got a Department of Veteran Affairs loan, is $3,400 per month.

>>> Original Source <<<