So today I'm at work, phone rings, and its the relator that sold my house for me. He proceeds to tell me the buyers are going to be filing a lawsuit against me because the house I sold them furnance broke. They claimed it never work since they bought the house. Really unsure why they are waiting till now, I guess because it is cold out at night.
So here is the low down.
Furnance worked when I sold the house.
1st fact: Bought on an RD FHA HUD loan. Spoke with the guy who appriased and inspected the house from HUD. I explained the sitiuation to him, and he said I can't legally give you a copy of the report, but no one says I can't read it to you. He proceeded to read me the section on the furnace. "Furnace was found to be in working order, allowed to run one full heat cycle" He also told me he cannot approve a home for sale IF the furnace is not working.
2nd fact: They declined to have a professional home inspector look at the home prior to purchase. Buyer is supposed to inspect the home, and responsible for bringing any needed repairs to the attention to the seller to be put into the contract if agreed upon.
So basically, This is how I see it, and how the HUD inspector told me it was. He said he has been doing this work for 30 years and seen this happen 100s of times. People find something wrong with the house, and then they expect the seller to fix it. Basically they are looking for a hand out.
In your opinion experience am I liable for this repair? Should I go ahead and obtain a lawyer, or should I just wait and see how this plays out?