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My concern is about the language used here! It's pretty vague. Three out of the five items only require that the buyer assess the issue, and the last one requires only that they get an estimate, and that then you will ask for a credit for these items, not that they have to give it. In our contract, you have one shot at agreement on these terms and and action plan then the inspection phase is over. There is not an unlimited back and forth.
In our area, the GFI issue will be a lender requirement if the assessor notices it.
Wow, a strange agreement on the bantering about of this homes issues. Who is going to pay for these assessments anyway ? Not cheap to get....Must be a existing house shortage or this home is a diamond in the ruff....
Surprised at buyer insistence that garbage disposal be repaired/replaced when they have been advised disposals are not recommended for houses with septic systems.
Surprised at buyer insistence that garbage disposal be repaired/replaced when they have been advised disposals are not recommended for houses with septic systems.
Surprised at buyer insistence that garbage disposal be repaired/replaced when they have been advised disposals are not recommended for houses with septic systems.
I wanted to leave the disposal issue out as it's easy enough for us to solve but was encouraged to leave it in if the plumber is coming anyway. There are garbage disposals that are meant for septic systems. I guess the thinking was that it means the plumber can assess if there is something else going on there.
The type of disposal isn't the issue, the issue with septics and disposals is the encouragement to dump a lot of food waste into the system. Even ground up food waste. It's not a good idea.
I wanted to leave the disposal issue out as it's easy enough for us to solve but was encouraged to leave it in if the plumber is coming anyway. There are garbage disposals that are meant for septic systems. I guess the thinking was that it means the plumber can assess if there is something else going on there.
The garbage disposals "meant for septic systems" is how they are described by those who make and sell them. The septic people will tell you otherwise. The truth lies somewhere in between and is based more on how and how much they are used than anything else. I used one for about two years and have never found any inconvenience to not having one. I have a garbage can that gets emptied regularly.
Thank you, everyone, for your help with this! We finally had a chance to speak at length with our realtor. He said the pipes are copper so he's sure there isn't an issue with galvanized pipes being corroded. He said that the inspector had every faucet in the house turned on and so the pressure got low... however the inspector said the valve completely shut off in the shower. We aren't budging on getting contractors now to reassess the major items.
Here is a brief of what we requested:
1. Seller treats for termites.
2. Seller will have contractor/plumber asses low water pressure when more than one fixture is running, ensure no leakage from attic stack vent, fix the leak in upper bathroom fixture, and fix garbage disposal.
3. Buyer will have an environmental company asses the fungal growth in the basement.
4. Buyer will have an HVAC contractor assess the lack of heat on main level.
5. Buyer will have electrical contractor give cost assessment for installing GFCI, correct open grounded outlets, repair loose wires, etc. etc.
--The buyers will be asking the sellers for a credit for any repairs/treatments found in the environmental assessment of fungal growth, HVAC, and electrical items.
Our realtor thinks this guy is going to tell us to take a hike. We feel like this is completely fair- we aren't asking for anything cosmetic, these are safety/health issues. Apparently these aren't going to be issues with the appraisal or loan? This was not listed as a fixer. This house will probably get listed again and I really believe they wont disclose any of this.
We are in shock at the disclosure forms we saw in the state: a short list of Yes, No, N/A questions. We narrowed down to 6 final houses-- no one disclosed anything, even when it was clear that a basement had flooded or a roof had been replaced. What a waste of our time. When selling our house (a state in the West) we had to put the age of everything from appliances to AC to the roof. We also had to list any known issues that we were aware of EVEN IF they have been completely resolved or happened long before we lived there. For example: we disclosed that a decade ago, the person who owned the house made a claim from insurance to have the carpets cleaned because a wildfire nearby had cause some smoke damage in the house. We listed EVERYTHING. You know what the buyers asked us to do? Pay for a $150 HVAC cleaning and hammer down 2 loose nails on our deck.
Those are all issues he/she will have to address at some point in order to sell the home unless it's a hot market with tons of buyers knocking down his door. What type of financing are you doing? Conventional?
Those are all issues he/she will have to address at some point in order to sell the home unless it's a hot market with tons of buyers knocking down his door. What type of financing are you doing? Conventional?
Yes, conventional. I'd call it a warm market. We had a list of 6 top houses and 3 have gone under contract in a week. This particular house is in an area that the only available comps are lower priced but the house is larger and has more updates than the comps and most of what we saw. (Cosmetic updates... clearly...)
Yes, conventional. I'd call it a warm market. We had a list of 6 top houses and 3 have gone under contract in a week. This particular house is in an area that the only available comps are lower priced but the house is larger and has more updates than the comps and most of what we saw. (Cosmetic updates... clearly...)
The I don't think you're asking for too much. Good luck and let us know what they counter with!
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