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Seller Of Property I Bought Had The Lot Split In Half After Purchase Agreement, No Disclosure.

Posting on alt account to maintain anonymity.

Location: Wisconsin.

Wife and I purchased our first home in 2024. At that time, the lot the house sat on was a half acre lot. We made an offer on the house and a couple counter offers later, our offer was accepted. We closed on the house. No major issues.

Recently, I was made aware that the lot was split in half after we had a signed purchase agreement and before closing. No disclosure was made to me, my realtor, or any party involved.

We closed on the house, nobody noticed the discrepancy in the closing documents (i.e. .25 acres vs .50 acres) we closed on the house.

Additionally, before closing, the property was appraised according to the original lot size and we paid close to that appraisal value.

My realtor is in contact with his companies attorney, he can’t believe this, says he has never seen something like this before. I’m in the process of curating a list of attorneys to personally contact.

So, I’m looking for advice on how to proceed. I have no experience with something like this. Furthermore, what is the likelihood that I win a civil suite, and why?

Edit: Forgot to mention the other half of the original lot is now listed for sale by the same realtor of the seller we bought the property from. I’ve been maintaining the lot since we moved in. No one has ever been there since we’ve lived there, no ‘for sale’ sign, nothing.

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Seller Of Property I Bought Had The Lot Split In Half After Purchase Agreement, No Disclosure.

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