Doug Rainwater, Real Estate Agent with Prudential Real Estate of Georgia is selling homes in the Snellville, Georgia area without disclosing the fact that the wood siding is under a class action lawsuit. The neighborhood has received multiple mailings and had signs on multiple dates placed around the homes to inform the homeowners that the Masonite OmniBoard they have is defective and that the lawsuit is active.
Doug Rainwater told my real estate agent that I was STUPID for insisting on a home inspection, and lo and behold, out of my "stupidity" came this disclosure. Doug Rainwater tried to dissuade me from a full inspection, saying the home was just inspected a "mere four years ago". The homeowner signed a Disclosure Statement to the effect that she knew of no problems with her home, when in fact there was little way she could not have known.
Had I not been diligent enough to get an inspection and have a contractor confirm the inspector's findings, my dream home would have turned into a nightmare that would have costed me thousands of dollars. Because Mr. Rainwater felt that his commission would far outweigh any problems I would have with the home, he has basically assisted the homeowner in trying to defraud me. As a result I am out $555.00 for the inspection and appraisal of a home that was known ahead of time to have defective siding.
My advice to anyone wanting to purchase a home, siding or not, is to spend that little bit of money to have a certified home inspction company do a full inspection.in the long run you'll be thankful you spent that extra money.
Be aware that Mr. Rainwater is still attempting to sell that home without a disclosure on the siding, despite the fact he is aware of it. Just a week ago the sign for the information on the class action lawsuit was again in the neighborhood, and two days later it was gone and Doug Rainwater's Prudential Real Estate sign "Home for Sale" was in it's place.
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