Indiana family discovers $100K in hidden damage after buying $200K home — Ramsey hosts weigh the $30K gamble to sue Imagine buying a home for $200,000, then finding out it’s virtually a wreck with a six-figure price tag to fix it.
That was the enormous problem Caitlyn from Indianapolis was stuck with
She called into The Ramsey Show to detail what happened after her family bought the home in May 2025. Caitlin said the family “discovered” about $100,000 in structural damages that were never included in the seller’s disclosure, the legal document that typically includes known defects, completed repair work and other factors affecting property value. She argued this was an instance of “fraud.” Must Read – Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one – Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake.
Here’s what it is and 3 simple steps to fix it ASAP – The tax breaks in Trump’s ‘big beautiful bill’ expire after 2028. Here are 4 moves to make before the window closes “So our options are to spend the $30,000 to sue the people who sold us the house, and if we win, then we would profit about $250,000 to $300,000,” Caitlyn told the hosts. “If we lose, though, then we’re $30,000 in debt, and we still have the $100,000 in structural damages that would be unfixed completely. And we can’t sell our house because of how much is wrong with it.” A difficult choice: Sue or sell Caitlyn said her family had made all the scheduled mortgage payments so far and added they financially “don’t do badly at all.” Beyond the mortgage, the family only has $3,000 in debt and $1,000 in savings.