Buying A Home
MommyLiberty5013
member
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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.
Uh oh. Inspection Done. Problems.
We are buying. Our inspection was yesterday. We haven't gotten the official report from the inspector yet, but our REA was there with him (we live out of town and could not be present, sadly). So, the facts aren't all in yet. And all we know s what our REA has left in a voice mail to me. DH called him and had to leave him a voice mail so now we're waiting for him to call back.
Apparently, there is a leak in the main water line.
So that's the line in from the street, right? Has any one had experience with this? I don't know the exact location of the leak yet. The home is in the Minneapolis area, so it experiences a lot of freezing and thawing. But, this could be a major issue...
Ugh.
Re: Uh oh. Inspection Done. Problems.
I wouldn't freak out yet.
These sorts of issues are exactly why you get an inspection done and why your contract (hopefully) had a clause saying that you don't have to buy the house if you're not happy with the inspection.
At least in my area, the next step would be to contact the seller and tell them you want them to fix everything in the inspection report. The seller will say no, then you guys will negotiate and the seller will fix some stuff. If you're not happy with what the seller will fix, then you can walk away.
Inspectors are supposed to find problems. I'd not trust one who found no problems.
But anyways, have you gotten the report yet? Wait until you get it and read it- talk to the inspector (or your agent) to see how much the repairs may be before deciding what to do (either pay for it, have the sellers pay for it, try to go halfway, or walk). I hope you put down the offer being contingent on inspection though.
As pps have said, no reason for the freak out yet. You haven't even seen the report.
We had a leak in the line from the street to our house in our rental property and it was $1500 or so to fix. If it is a legitimate problem you can ask your seller to fix it and if they refuse you should have a clause in your contract that allows you to walk. This shouldn't be a major issue.