The house price is 135 and the seller is paying 4480 towards closing. The house has original aluminum windows that I thought we in decent shape. The home inspection revealed that 4 windows have "failed" as well as a large picture window.
The garage door is rotted at the bottom and doesn't have the sensors to stop the door if something is in the way of it. It will need replaced soon. He inspector also said there is insufficient attic insulation and no venting to the attic, however when we spoke with the company that just put on a new roof they said they did install venting.
There is a minor issue with the electrical box, and some pipe needs to be longer on the hot water tank.
The front door has a hole in it and no weather stripping. There of course were lots of other small issues (faucet is leaky, gfi outlets not installed, etc)
DH thinks it's completely reasonable to ask them to drop the purchase price by 10,000.... I think that's absolutely ridiculous. Sure the house needs a lot of cosmetic updates, but we knew that part! There is also a fake stone wall that is falling apart and could fall in someone.
Is asking for a new garage door, front door, the failed windows to be replaced (or provide us the material, DH is in construction), the stone wall to be removed (easy diy job but someone would charge them a ton to get it done), the electrical box issue and hot water tank pipe to be fixed asking too much or not enough?
I'm not concerned about the electrical box and the HWT because my husband can do those easy, more concerned with the garage door and the windows and front door.
I think even for a 5,000 price reduction is too much, and was going to ask for the things to be repaired , a credit towards repairs, or price reduction of 2-3k....wwyd? I am SO irritated with DH because he seems to not understand that although the house needs cosmetic updates, it has a brand new roof, gutters, furnace, and the comps in the neighborhood are around 180k. The house was listed at 150, we gotnthem down to 135.... But he is convinced we are paying for "sentimental value"..... Forget the fact that the house is 2200+ sq feet.
Re: Are these reAsonable requests?
The roof is about two weeks old and we noticed a dip in the roof. Whatever the issue is (I honestly think it is nothing) it's too late to fix now without tearing off the new roof, fixing the problem and reroofing. Obviously that's a ridiculous request. The roofer said he did talk to the seller about the dip in the roof but apparently it's not a major issue and he said "it's not going anywhere". We originally offered the seller much less and told them to forget the roof, we would take the house as is, but they insisted on putting on the roof... The house has been on the market since July and no one has bitten. They were just asking way too much. Even though cosmetics don't count, it's SO outdated compared to homes in the area that are selling for the same price. I'm hoping for the doors and windows to be fixed since they would be the most expensive repairs for us.
I would ask for cash back at closing or a huge price reduction.