Buying A Home
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Inspection on new house didnt go too well :(
We had our inspection on our current home and it went great! There is only 1 small repair we need to take care of, and its not a large task. However, the inspection on our new home showed several things that need to be repaired. None of it is really huge, but it sure is alot of small things that add up, and most are safety issues (so I guess really it is a big deal!). We submitted the repair sheet to the seller yesterday and are waiting to see what he says. He will need to fix most of this stuff anyway if he ever wants to sell the house! I've just been praying that if this house is meant to be then he will agree. If he doesnt agree, then God has something better our there for us! We dont want to settle on something less-than-perfect just because our house sold. If needed, we will stay in a short term apartment home until we find something. Anyone ever have experience with this? Having a seller refuse to repair some or most of the repairs? Anyone ever have to stay somewhere else temporarily after selling a house?
Re: Inspection on new house didnt go too well :(
I'm in the process of buying our first house....we're moving out of an apartment, and we thought the timing would be fine, but our closing is going to take 75 days. So, our temporary form of housing is my in-laws! We have to move everything into storage for less than a month. A pain, but I hope it's worth it.
A reasonable seller will fix most of the issues on the sheet, OR drop the price so to reflect the money/time that you will spend making repairs. If this issues are truly small, I wouldn't walk away if you really love the house. Foundation, roof, termite issues are all things worth seriously considering, but repairing the railing or replacing a few outlets are not worth losing a house over.
Good luck!
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I totally agree! However, there were several small things like replacing outlets, cleaning gutters, etc that we chose not to ask him to repair, and that we will take care of ourselves. However, just to give you an idea of what needs to be done....there is alot of exposed electrical wiring in the basement; the garage door opener is running off an extension cord instead of an outlet; the base of the column on the front porch is deteriorated; fix the soffit/fascia thingy on the outside that has rotting wood on one corner; and one of the largest pieces is that in order to install one of those pull down stairs to access the attic over the garage, they completely cut out the center support post on one of the trusses (if that makes any sense!?). Our inspector couldnt believe they did that! There are several other smaller things but these are the ones I could think of off the top of my head. And these small things added up to a pretty hefty list. Unfortunately, I can see the seller being a douche and not agreeing to do any of it, and not giving us any money to fix ourselves.
You don't mention what the "safety issues" are, but what one person thinks is necessary to fix, others may not agree with. When we bought our last house, the sellers gave us some money for repairs, but not near enough to do all the "safety issues" and we were fine with that because we didn't think they all needed to be immediately fixed (in fact, one we didn't fix until a week before we moved out).
We are now the sellers of that house and refusing to do most of the repairs they asked for in large part because we don't believe they are necessary (capping unused chimney, installing a damper in the in-use chimney) and we don't want to mess with them. We agreed to a couple of hundred to fix one code issue (which I'm curious if they'll actually get fixed) and fixing the one lender condition (install a CO detector).
We are also in a 3 month apartment right now because we had to move out of state the week after getting our old house on the market. It's annoying and having to cover 2 housing payments isn't fun, but we budgeted for it.
Just keep in mind, you said you didn't want to settle for a less than perfect house. But no house is perfect. Get over that now and things will go a lot smoother.
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I agree with you there, which is why I pretty much know he wont fix it all, which I personally am okay with. We will just have to see where he crosses the line. There were many other things on that list that I cant seem to think of right now, and there were alot of things we chose to leave off the list b/c we could take care of it ourselves.
Oh believe me, I know no house will be perfect! It does, however, have everything on our "needs" list, so that makes it pretty close to perfect for us compared to the gazillion other homes we have seen. I guess I worded that previous statement poorly.
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We've both sold and bought recently, so I've been on both sides of this conversation. Some things are repairs and some things are improvements/upgrades. The seller is under no obligation to do anything that might be considered an upgrade or improvement.
As well, when we sold, we disclosed a minor roof issue (porch roof, about 12 sq ft of roofing). We also dropped the price by 10% and stated clearly that we were selling "as-is". The buyer agreed and signed off on the disclosures, but then their FHA loan inspection stated that the roof "needed" to be fixed or the deal would fall apart. We fixed it, but felt that they had been dishonest in their dealings with us - they knew the roof would not pass their loan process, while we did not and we had agreed to a price that reflected the fact that we weren't going to fix it. It was not a good experience. In other words, if you agreed on a price knowing certain things about the house, the sellers could reasonably assume that you were buying the house expecting to fix these things yourselves. If you then come back and request money or repairs, it may not go over all that well.
Finally, some repairs can be made in different ways. When we bought, our inspection revealed two spots of inactive termite activity. We asked for a full-house treatment, the sellers responded with spot-treatment. Both were adequate solutions, but one was more expensive (and presumably better) than the other. What you may wish for as a solution to the issues mentioned in your inspection report might be more than the sellers can reasonably be expected to make.
Good luck with your process. I hope you and your seller can come to a reasonable agreement on your new home.
I haven't been around as much recently, so I missed your news... I just wanted to say congratulations on selling your house! We are still waiting... coming up on 7 months now.
We moved out of our condo last weekend, so now it is just sitting vacant on the market. It sucks.
I hope your repair negotiations go smoothly--our sellers were jerks about ours, and we only asked for a fraction of the repairs that were brought to our attention at the inspection. Oh well!
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We are in the same boat. We knew of a few updates/repairs the house needed from the listing and the walk through. Then we had the inspection and found a few window, plumbing, and furnace issues we didn't know about. We have since asked the sellers to either repair, or for a credit and are now waiting for their response. I think it?s nerve racking waiting to hear what they'll come back with. I wish you the best!!
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