Homes flooded in February hit the market, but it's buyer beware

  • 📰 abcnews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 83%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Desperate home owners are selling their properties months after they were damaged in south-east Queensland's flood disaster — but the risk of inundation is not always made clear to house hunters.

Real estate institute says there are no laws covering the subject and encourages people to research before buyingBrisbane's flood maps have not been updated since latest events, house hunters urged to ask around

"The devastation in seeing it first hand … it basically broke them. They were honestly just shell shocked." "Buyers need to understand it's now less about buying in a flood zone, and more about building flood-resilient homes." "There's a responsibility for sellers and for landlords to be notifying people if a property has flooded so that people don't have to go through this again.Agents not required to inform potential buyers

"If an agent or a vendor of a property is asked whether the property has been flood impacted, then obviously an accurate answer is required," Ms Mercorella said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Knock them down & build a tower

That photo seems to show asbestos exterior walls. Extra scary!!😳

Tha blame lies with the building regulators there is a reason the old queenslander homes were built on stilts big floods are not unheard of in this country people just seem to forget that

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines