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Old 08-09-2012, 04:46 PM
 
Location: Raleigh NC
25,116 posts, read 16,229,466 times
Reputation: 14408

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Disclosure laws vary widely.

in NC, previously treated termite damage that has been treated is NOT a disclosure-required item.
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Old 08-09-2012, 04:49 PM
 
Location: Cary, NC
43,315 posts, read 77,165,481 times
Reputation: 45664
Quote:
Originally Posted by BoBromhal View Post
Disclosure laws vary widely.

in NC, previously treated termite damage that has been treated is NOT a disclosure-required item.
Right.

I would add, most termite infestations are of almost no consequence structurally.
Emotions too often derail common sense when someone says "Termites."
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Old 08-09-2012, 09:25 PM
 
Location: MID ATLANTIC
8,676 posts, read 22,929,260 times
Reputation: 10517
Quote:
Originally Posted by MikeJaquish View Post
Right.

I would add, most termite infestations are of almost no consequence structurally.
Emotions too often derail common sense when someone says "Termites."
I've seen the same, it takes a major infestation to do a house in.

My gut says run from the deal just from the description of the creepy listing agent.
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Old 08-10-2012, 04:09 PM
 
Location: Baltimore
1,757 posts, read 5,140,172 times
Reputation: 1201
If you're financing the purchase, will the lender require this to be remediated? It's happened to me in the past with foreclosures- it's not a huge issue to fix and fairly simple but it is still something to think about.
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Old 08-10-2012, 04:56 PM
 
Location: Austin
7,244 posts, read 21,820,805 times
Reputation: 10015
First, it sounds like the listing agent is getting in the way, not the seller. If you want to ask for repairs, whatever you submit in writing, the listing agent will have to submit to the seller. More than likely, the seller doesn't want to see you walk and will work something out.

Second, why didn't you ask the title company for wiring instructions? I work with a lot of relocation buyers and I have them wire their earnest money so checks don't have to be sent or left or anything complicated. Wires are fast and easy. Remember that if you move on to another house.

Third, there is no "customary" earnest money. Everything is negotiable. Maybe the seller had a bad experience last time he sold a house so he wanted a little more. You probably can't put that on the listing agent. Sellers want to cover themselves just like a buyer wants to cover themselves.

Fourth, In Texas, time frames aren't "allowed" so what does it matter you were given more than 5 minutes to make a decision. Putting time frames in an offer or counter is considered practicing law here, so time frames are ignored when put in, which is very seldom, usually a new agent who doesn't know better. It shouldn't take 19 hours much less 24 hours to make a decision for a response. You should know going into your initial offer what you'll accept and what you won't and how you'll respond to a seller's response. You don't offer willy-nilly and not expect counter responses.

Bottom line, as I said in my original response to you, why would you walk without asking?
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Old 08-10-2012, 05:32 PM
 
Location: DFW
40,952 posts, read 49,221,262 times
Reputation: 55008
Quote:
Originally Posted by MikeJaquish View Post
Emotions too often derail common sense when someone says "Termites."
Termites and "Mold".
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Old 10-19-2014, 08:30 PM
 
2 posts, read 4,787 times
Reputation: 10
Hi, I had looked at a house and there was a "hump" and then spongy area on the newly laid laminate flooring. I told my agent that I was concerned what was underneath there! Water damage or termites??? Poor job of putting the laminate down. There were no disclosures by the seller. She lives out of state. I questioned about if she was told anything about the floor by the contractor she had hired. Looks real funny to me! Anyway, can't prove anything. I signed a contract with the seller. I made sure my agent knew about my concern about the floor. On the contract it stated that the seller would hire a contractor to fix the floor. I had already told my agent that the seller had already had someone fix it and it was not done right so I would rather get at least 3 bids and then have the average of those three deducted from the purchase price of the house. Next thing I know, my agent tells me there is bad news. The seller states that there is something wrong with the title and is pulling the sale off the market, which has been done. I can't help but wonder...is the seller lying? And my agent keeps telling me how much money this seller has all ready put into the property!! I know but...this could be a very serious problem and before it can be sold, should it not be fixed esp. since it might be termites? My agent did not seem to be acting like a buyer's agent. I am NOT being unfair..unreasonable. I can't help but think that that contractor let the seller know what was going on with the floor and the seller told the contractor to go ahead and cover it up hoping no one would be the wiser. I don't know...heeeeeeeeeeeeelp!!! And can the seller just up and decide NOT to no longer sell the house even though we both have signed a contract on the house? I want to call the title company and see if there is indeed a problem with the title--- is the seller lying? But my agent states I and she cannot do that. What to do....???
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Old 10-19-2014, 08:44 PM
 
7,280 posts, read 10,958,567 times
Reputation: 11491
If you change the contract by insisting they pay you some money to fix something, you're opening the door to the situation you have now.

Telling your agent means nothing. They aren't the seller. You should insure that you have verified communications. That means if your tell you agent to tell the seller something, you put what you tell you agent to do in writing.

When push comes to shove, it is amazing how many people can get amnesia at the same time.
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Old 10-19-2014, 09:13 PM
 
Location: southwest TN
8,568 posts, read 18,118,086 times
Reputation: 16707
IF you really do have a signed contract and wish to go ahead with the sale, you can force the sale. But is that what you want since you've decided that there are termites in the floor? What did your inspection uncover?

If you don't want to let the seller out of the contract, you'll have to hire an attorney to bring suit. And since there may be a problem with the title, you may not get clear ownership. Is this really what you want?
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Old 10-19-2014, 09:18 PM
 
48,502 posts, read 96,894,387 times
Reputation: 18305
Best thing you can do is move on looking for another house. Sounds like your contract might have been termed differently than you want on repairs.
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