Would you pull out of this deal?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Look, none of this is outside the realm of something you may encounter as a home owner anyway.

Big difference between "can happen" / "may encounter" vs Confirmed by Inspection.

I swear some of these responses.

I'm sure you understand everyone isn't you. People have differing opinions about what amounts to a subjective choice. This is not a case of 2+2=4.

"May encounter" and "Will encounter" are objectively different statements of fact/reality.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Look, none of this is outside the realm of something you may encounter as a home owner anyway.

Big difference between "can happen" / "may encounter" vs Confirmed by Inspection.

I swear some of these responses.

I'm sure you understand everyone isn't you. People have differing opinions about what amounts to a subjective choice. This is not a case of 2+2=4.

"May encounter" and "Will encounter" are objectively different statements of fact/reality.

And yet we know very well that those statements were made because the writers felt the issue was manageable and something that could be taken care of. I certainly wouldn't walk away from a house I wanted because of some mold and leaks. Certainly if you think you need to hire a "remediation" company to clean up or remove mold you might be scared off.

Flooding is a different issue though. I wouldn't buy a house in a flood zone under any circumstances.

[Anonymous]

Anonymous wrote:

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.

Look, none of this is outside the realm of something you may encounter as a home owner anyway.

Big difference between "can happen" / "may encounter" vs Confirmed by Inspection.

I swear some of these responses.

I wrote both.

I’ve encountered this and more with home ownership. Most of my friends have too. These aren’t major issues.

When you have to dig around the entire foundation to install drainage or need to re-stucco a substantial port of the house, rebuild the substrate, and remediate a ton of water damage inside, deal with water damage that’s far more extensive than this, remediate significant asbestos, replace whole systems because the pipes/wiring/hvac have all gone to shit, those are things that cause some pause.

A little new flooring and some mold is nothing to worry about.

[Anonymous]

Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

[Anonymous]

We had a small flood in our basement that we didn’t realize was there really. In back of baseboards was a small amount of black mold. Reall tiny amount. Insurance company looked at it and called a complete mold remediation for the entire basement, replacement of the flooring, repainting and treating of the walls. It took a month to get the work finished. The area was sealed off by professionals. The insurance company paid $25,000 for the repairs. And this was a tiny area along 4 feet in back of baseboards that had been wet. Either factor in $75,000 in repairs (replacing the subfloor) and reduce your offer by this much or leave that house alone.

Anonymous wrote:My husband and I put an offer on a home and we had our home inspection and some stuff came back awful. The kitchen floor was spongy in some spots and we found out the subfloor from the kitchen to bathroom needs to be replaced due to bad rotting and clear water damage. The subfloor is literally rotting out and warping. There is also a wall in the basement with clear black mold going down the whole wall and black mold was found in multiple other areas of the basement. The basement absolutely has to be remediated. I want to back out of this deal but my husband seems to think these aren’t “super major” issues. There is also potential carpenter ant damage to the siding by the roof and multiple plumbing issues (bathroom sink is leaking and corroded under the sink, a few pipes leaking in basement, etc.)

Attaching pics of basement to see what others think but to me….this is bad.

https://ibb.co/0yL1svK

https://ibb.co/p2zhR4r

https://ibb.co/NFNn7pV

[Anonymous]

Anonymous wrote:Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

Is this a joke now? yes, now you have got to walk for real. also I wouldn't assume they lied, many MANY homeowners are unaware of what is in their home, or if the home has ever had leaks etc. I would just back out and be done with it.

[Anonymous]

How were carpenter ants eating the asbestos siding?

[Anonymous]

Anonymous wrote:Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

Good lord!!! What is your realtor saying???? I think you and your realtor need to have some strong words including the word "litigation" reguading the fact they lied on the property disclosure. Now you know they know and anyone that goes near that house after you walk away from it I would be giving them copies of my inspection. The seller is dishonest needs to be called out on her bs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

Good lord!!! What is your realtor saying???? I think you and your realtor need to have some strong words including the word "litigation" reguading the fact they lied on the property disclosure. Now you know they know and anyone that goes near that house after you walk away from it I would be giving them copies of my inspection. The seller is dishonest needs to be called out on her bs.

Op here: oh I’m mad. The siding was listed as wood from the seller, our realtor said it was wood. Inspector told us it’s clearly asbestos siding. We are 100% walking away from this.

[Anonymous]

Anonymous wrote:Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

No, asbestos siding is not a big deal.

The $10k estimate to remediate the water issue is delusional and you should have been gone from this deal already.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

Good lord!!! What is your realtor saying???? I think you and your realtor need to have some strong words including the word "litigation" reguading the fact they lied on the property disclosure. Now you know they know and anyone that goes near that house after you walk away from it I would be giving them copies of my inspection. The seller is dishonest needs to be called out on her bs.

Op here: oh I’m mad. The siding was listed as wood from the seller, our realtor said it was wood. Inspector told us it’s clearly asbestos siding. We are 100% walking away from this.

What kind of backwater place is this OP! How can a home so laden with serious issues even be put on the market without an already provided laundry list of disclosures. Something seems off here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

Good lord!!! What is your realtor saying???? I think you and your realtor need to have some strong words including the word "litigation" reguading the fact they lied on the property disclosure. Now you know they know and anyone that goes near that house after you walk away from it I would be giving them copies of my inspection. The seller is dishonest needs to be called out on her bs.

Op here: oh I’m mad. The siding was listed as wood from the seller, our realtor said it was wood. Inspector told us it’s clearly asbestos siding. We are 100% walking away from this.

What kind of backwater place is this OP! How can a home so laden with serious issues even be put on the market without an already provided laundry list of disclosures. Something seems off here.

Op here: we are in Rhode Island currently (I used to live in leesburg which is how I know of this forum). It’s really not a “backwater” place and had the potential to be great for us as a starter home (cute cape, 4 bedrooms, 1.5 bathrooms). We just didn’t realize the excessive issues and the things the seller and her realtor didn’t disclose and more is coming out.

[Anonymous]

Anonymous wrote:My husband and I put an offer on a home and we had our home inspection and some stuff came back awful. The kitchen floor was spongy in some spots and we found out the subfloor from the kitchen to bathroom needs to be replaced due to bad rotting and clear water damage. The subfloor is literally rotting out and warping. There is also a wall in the basement with clear black mold going down the whole wall and black mold was found in multiple other areas of the basement. The basement absolutely has to be remediated. I want to back out of this deal but my husband seems to think these aren’t “super major” issues. There is also potential carpenter ant damage to the siding by the roof and multiple plumbing issues (bathroom sink is leaking and corroded under the sink, a few pipes leaking in basement, etc.)

Attaching pics of basement to see what others think but to me….this is bad.

https://ibb.co/0yL1svK

https://ibb.co/p2zhR4r

https://ibb.co/NFNn7pV

How did you miss the black mold when you viewed the home??
It's very obvious what it is.

I'd run like heck. If the homeowner didn't disclose a spongy floor (how didn't you feel that when you walked through?) god knows what else wasn't disclosed that the inspection may have missed??

[Anonymous]

Anonymous wrote:Op here: we just found out the siding of the house is asbestos. This is a big deal right? I think we are gonna walk. The seller lied / put “unknown” on so many major issues in the seller disclosure.

The asbestos siding is the least of your problems, but please please walk away from this house.
- 25-year agent PP

[Anonymous]

Anonymous wrote:

Anonymous wrote:Run hard run fast.

Why did you put an offer in with visible mold in the basement?

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.

Didn't you feel that the kitchen floor was spongy when you walked through??
That's fairly noticeable, even with ceramic tile.