Buying Home – Inspection Questions

posted 4 weeks ago in Home
  • poll: For concessions on a home, should we negotiate repairs or contributions to closing costs?

    Ask for sellers to repair all items

    Ask for sellers to pay for these items as part of closing costs - add $$ amount in comment

    Have sellers repair some, Pay toward closing cost for others - add detail in comment

    Other - add detail in comments

    Neither - add detail in comments

  • Post # 2
    Member
    7528 posts
    Bumble Beekeeper
    • Wedding: October 2014

    I would ask for money back at closing for the garage floor repair and the ac unit repair (I’m assuming it’s central air). The rest of the items are probably not realistic unless there’s specific damaged sections of roof. If there’s damaged sections I’d request that to be repaired by a licensed contractor prior to closing, but generally you don’t get money back just because a roof is getting old or the water pressure is kinda meh.

    Post # 3
    Member
    74 posts
    Worker bee

    Out of your list, #4 is the only one that makes any sense to request a repair for. 

    As for the rest of them – it would really depend on whether or not the price is in line with an aging house, or if you are paying the same amount you would for a brand new home. In most markets, houses are priced accordingly. I know I have a listing right now of an older home that is far superior in many ways to some of the brand new homes in the same market, but it’s priced properly to account for the fact that it needs a bit of work. 

    Can you speak to your Agent to see what they think?

    Post # 5
    Member
    2279 posts
    Buzzing bee
    • Wedding: August 2017

    View original reply
    @bluecutie00:  if the sellers already reduced the price by 20k and it’s well priced, if you get too picky and demanding they might just refuse the sale.  No home inspection is ever perfect, they will always find something it’s just a matter of what it’s worth to try to negotiate and play hard ball or risk them just moving to the next offer.  

    Post # 6
    Member
    4228 posts
    Honey bee
    • Wedding: August 2012

    I wouldn’t expect them to fix anything unless it’s actually broken. Your house is old, the roof is too. That shouldn’t be a surprise. 

     And based on your update, my guess is they reduced the price with those things in mind. I can say as someone who just sold our house we agreed to list at a certain price because we knew of certain issues, so I wasn’t then going to pay to fix them.

    Post # 7
    Member
    7645 posts
    Bumble Beekeeper

    In my area a price negotiation is more realistic than sellers repairing things as they don’t want to be bothered and it may be beneficial to you to choose your own contractors as at that point the sellers have no incentive to choose the best work over the cheapest work. 

    If they have already dropped the house $20K it may be due to the home needing some repairs. You might get some concession on the garage issue if it’s a major structural concern but I wouldn’t hold out for a new roof or little things like a $400 plumbing repair if it’s well-priced and you really want the house.

    Post # 10
    Member
    15062 posts
    Honey Beekeeper
    • Wedding: June 2011

    I agree with PP.  The garage, the roof, some wood rot, etc things you can obviously see and know about are usually already priced into the asking price of the house.  Unless you can get a similar house with newer perfect versions of these items for the same price (in which case why not go buy that one), then the price is probably alraedy fair.  It’s unreasonable for you to buy a 30 year old house, priced as 30 year old house and expect a brand new everything.  

    Usually an inspection is to uncover things that were unknown and not obvious from your own walk through like the water pressure or electrcial panel – though not really sure what u mean about that problem.  Do they just need to add more circuit breakers to separate the wires?  Those are cheap, like 30 bucks.

    Post # 12
    Member
    4228 posts
    Honey bee
    • Wedding: August 2012

    View original reply
    @bluecutie00:  lol, lady, take the damn house

    Post # 15
    Member
    2279 posts
    Buzzing bee
    • Wedding: August 2017

    View original reply
    @bluecutie00:  you could do another inspection with a plumber and an electrician to get an actual quote and determine the true safety issues.  It would be reasonable to negotiate for safety purposes, but with $100k upgrades to the house that most likely required electrical permits and electricians etc, it would be weird that they would miss a safety issue and not fix it at the time of renovation.  If it’s likely $1000-2000 to fix it, basically you still got a good deal on a free fridge when you take into consideration the cost of repairs.  I’m not sure Id fix a settled garage in Atlanta (I would fix a garage here in Canada because I need to park my vehicle inside due to the snow). Unless the roof if obviously a problem they won’t be fixing a roof that has 10 y left on it.

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