My question involves real estate located in the State of: Colorado
We purchased a home in Colorado Springs in March. It is a ranch with a finished basement. The house had been on the market since July and we are quite sure that from sometime around that time (maybe before or maybe just after) a handy man was doing a lot of work inside the house and we are reasonably sure that the basement was not finished and he was finishing it. There is new wallboard and carpet and was obviously painted with a sprayer.
A couple months ago I realized that every time it rains with any force at all (rare between March and a couple months ago) we get a pretty steady leak on one wall in the basement. I can't tell exactly where it is coming from but I suspect it is a crack or something in the foundation about a foot or 2 below the ground level. It is too big of a leak to be brand new. Last night I had 4 towels completely drenched to the point of being heavy. That wall is covered in the new wallboard so I cannot see the actual foundation to tell just yet the exact source. There is also a short partition wall that comes out from the foundation wall which I just found is wet inside and at the bottom as I now have some lovely green mold there.
My question is, is there anything I can do if it can be proved the seller knew about the leak, essentially hid it by covering it and then did not disclose it? I should think if we can determine the leak is not in fact new, and with all the renovation taking place, it seems reasonably certain they had to know about it and did not disclose it.
Thanks in advance.
Edit: I attached a picture but I'm not sure if you can make it out. That horizontal crack is basically where it looks like it is leaking. From feeling the wall, below that crack might actually be foundation, above feels like the wallboard so I'm not sure what that means. 1924 house so foundation is mostly cinderblock, perhaps that lower part is covered with cement and the top section is not.