After DAGS, (a whole lot of them) I have found that the inspectors
waiver would probably not hold up in NJ.

http://lawlibrary.rutgers.edu/decisi...11-01.opn.html

Now I have to find an attorney...

The bug guy showed me how extensive the damage is in the basement, sill
plate compressed under a few joists and the rim joist is pretty chewed
up. House is in no danger falling down but would easily be found by a
decent inspector.

I'm still too ticked off to let this go right now. Maybe a discussion
with an attorney will convince me to let it go...