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Home inspection
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Jim Elbrecht
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Posts: 2,595
Home inspection
On Tue, 5 Feb 2013 08:52:20 -0800 (PST),
wrote:
All -
Looking for some advice. I'm currently under contract on a foreclosed property.
The property has been winterized. The inspection has been completed except
for inspecting the water pipes/system. My realtor and I were at the home
when the company showed up to de-winterize the home. They were unable
to de-winterize as the pressure test indicated no pressure.
What can be done?
You have your attorney [who is familiar with buying foreclosure
properties] talk to the seller's attorney. If that is the same
guy-- then run, get your own attorney and start over.
Some sort of agreement about who pays to find out what the problem
is-- or how much comes off the price for you to buy a pig in a poke-
has to be reached.
I don't want to buy a home without fully inspecting the water system.
That is smart---- but if the seller offered to take 10K off the price
if you took it 'as is' would that sway you? Only you know the
right answer to that one. [It would not sway me today--- but 30 years
ago it might have.]
Jim
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