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Can I be compensated regarding defects in a home that I purchased?

Question Details: I bought a home 3 months ago; it was being sold with the assistance of a relocation company. The relocation company conducted an assessment of the home and found several defects and shared the results with me. The attic was inadequately ventilated and had mold. The support beams for the deck were rotten and unsafe as well as some minor problems. I asked for more information and was told the problem was fixed and given an estimate and completion of work statement from a contractor. When my home was inspected I asked my inspector about the conditions of the defects and he said it was fine. Trusting the professional, I closed on the house. Unfortunately, the roof was installed correctly but the attic is not ventilated at all. There are no vents anywhere and the sheathing and some rafters are completely rotten. The deck beams are also still rotten. I contacted the contractor and he claimed that he informed both the seller and seller's agent that major repairs were needed to make the home safe. The seller refused and said that he was "selling the house anyway". It was also discovered that there was an undisclosed addition built with out the proper permits. Is this detrimental reliance and fradulent inducement? Should I sue? Additionally, there is no way this house can be expected to pass an inspection, especially a Certified Master Inspector by a leading national organization. Any and all reasonable standards of practice recommend buyers be warned of inadequate ventilation and a duty to warn of imminent threats like a collapsing deck. These concerns were raised at inspection and listed on the report as adequate with no need of repair. This misconduct is gross negligence and recklessness voiding any expectation of a valid exculpatory clause or liquidated-damages provision.

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