Would you pull out of this deal?
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Anonymous
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Carpenter ants. Not a big deal. Unlike termites, they don't eat the wood. They just chew out part of it to live.
Replacing sub flooring in kitchen, possibly sistering some joists if needed. Not a huge deal. You'll likely need to replace the flooring in there. The bigger issue is whatever water damage is creating the warping. Flooding basement and/or mold = cancel the deal. This requires re-grading the exterior and extensive work to the home to repair and replace the damage. No way this can be done for only $10K. Plus you don't know how badly any mold spread or what structural damage may show itself later. |
Anonymous
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Run hard run fast.
Why did you put an offer in with visible mold in the basement? |
Anonymous
Op here: we didn’t see this mold. There was wood panelling in the basement that we were told the owner was having taken down right after the showing. All of his mold was hidden behind that paneling. |
Anonymous
Op here: the worst of the subfloor rot is beneath the kitchen sink and where the dishwasher is so there has definitely been a leak somewhere. |
Anonymous
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Op there is no way I'd go through with this.
What did the sellers property disclosure say about leaks, pipes, mold...? Did they claim any of it? There is a huge reason this has sat since February don't be the sucker! I wonder how many people paid good money for a home inspection on this house and the walked away too. Do not go through with this!!! |
Anonymous
| Oh my god, your husband is a complete idiot. GET OUT. |
Anonymous
Not OP. "Contingent" offer. Big difference. |
Anonymous
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Sorry op your husband is a moron.
End this deal today and show your husband every one of these comments. Ask him what pray tell would make him walk from a bad real estate deal because if this isn't it I don't know what would be enough. What advice has your realtor given you after said inspection???? |
Anonymous
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I would void it. It is not a $10k job, it will cost a lot more. Water moves around and finds areas and I wouldn’t be surprised if the subfloor and floor has mold too. It’s not worth your health. Carpenter ants also aren’t great, did you have it checked for termites?
If your husband keeps pushing get multiple quotes including from mold remediation, contractors etc and show the sellers the highest ones. most are just minimum costs which will most likely go up. No one will know until you get in there. Again, I would not go through with it. If the basement flood when it rains you’ll have to put in sump pumps and or French drains and that is also $$$. My neighbors have two sumps and a French drain in their basement. It cost a fortune. When we bought our home we had a sewer issue and an electrical issue (and other minor issues) One quote from the sewer people was $10k another $25k so the owner gave us $20k. We wanted to do it right so did it ourselves. It ended up costing us almost $50k to repair. The electrical was an extra $5k which doesn’t seem that much compared to the sewer! But all of that adds up. Water and mold is no joke. If there’s structural damage it will Be more $$ |
Anonymous
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This is an inexpensive house relatively… makes the repairs a chunk of the current value, but is the overall condition consistent with being a fixer upper?
Were you planning on renovating these areas anyway? Not all black mold is THE black mold. It looks to be mostly on concrete (0 concern) or wood that you would replace anyway as part of remediation. Based on what you’ve said, it’s not the end of the world. Water issues are a big problem if you can’t isolate the cause. But you can. The subfloor being damaged sucks because you have to rip the whole thing up. If you or your husband can supervise the project, it’s really not a huge deal. Put down some floor that’s updated and inexpensive, clean the cement, and when the floor is up you’ll have access to any areas that may have been wet. Carpenter ant damage makes sense given the moisture - probably requires sistering some of the structure (not complicated especially when the floor is up). I would check to see if the moisture wicked up the wall or collected under the cabinets. People make big deals about this stuff, but it can happen anywhere and you just have to deal with it as part of home ownership. If you really love the house aside from this, I’d go for it. Sure, you can ask for a credit from the sellers, but if it’s already priced reflective of condition, they’re unlikely to give much. Can’t hurt to ask. |
Anonymous
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If you can, I would move on from this home & continue your home search.
Best of luck to you. |
Anonymous
| Run! We had a mold problem and it was an absolute nightmare. |
Anonymous
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The sellers of our house remediated a water issue to close the sale. Cost them 20k but they sold the house. They never would have been able to sell it otherwise. Basement flooded the day of our inspection — lucky for us! Not for them! Have been in the house for 10 years and haven’t had any issues since.
If you REALLY like the house, make them do the repairs and remediation with a contractor of your choice. Unless they’re offering an insanely low price to buy as is, you have the upper hand. But if you think you can find something you want just as much without the issues, move on! |
Anonymous
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Pertinent Details left out like drainage and grading, French drains and sumps, or lack there of.
I would buy it. But then again I’m not a girly man like a lot of dcum husbands. Negotiate 50-100k if the price doesn’t already account for it. Subfloors and sistering joists isn’t rocket science. Once you find the source of the basement issues the mold, with some cleaning, will cease. Mold needs consistent water. |
Anonymous
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Pp.
First pic the pvc looks inverted without proper drop. If this is all the same area, ie, the basement is underneath the soft flooring, then buy it. You’re going to have to redo the bathroom And kitchen anyways. Subfloor and joists, while people often make it sound major, isn’t really. We’re talking 40 for a sheet of plywood and similar for 2x8/2x10/2x12 and bolts and nails. Structural engineer can provide the details. |