Would you pull out of this deal?

[Anonymous]

Anonymous wrote:

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.

Got it. I didn't mean to offend, rereading my comment I can see that it might be an inappropriate comment. I just get so darn mad when I see stuff like this, really happy you checked back into the forum to ask your question. Also your DH is not a moron or an idiot like some of the other PP's have said - he's just not experienced with these things. There will be another house for you guys, this ain't it. Count your blessings your inspector did their job!

[Anonymous]

This is not the right first house for you OP. This stuff is no big deal when you’re on house 2 or 3, 10yrs into home ownership. By then you have trade contacts or know other people that have gone through similar situations and can recommend people. You understand that the estimate you get for repairs is just that and you budget 20% for contingency. It’s not surprising when the work doesn’t go as planned or on time. Add to it you’ll soon have your first child you don’t want to be living through renovations or worrying if mold spores have impacted your kids health. Moving, home renovations, and children are all major life stress events. Take them one at a time. Get rid of the fixer upper house—this is not the right time in your life for this project.

[Anonymous]

Anonymous wrote:

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.

Op here: yes, we noticed it spongy in one area but didn’t know the extent and the worst of it viewed from the basement is under where the dishwasher and sink is. When we did the inspection my husband walked more in that area and it was extremely bad in front of the dishwasher, literally felt like you were gonna go through the floor.

[Anonymous]

This sounds exactly like the movie The Money Pit.

I hope you have a strong marriage, OP because once you begin to find all sorts of other issues that you'll then need fix, upgrade, remediate, etc. then the bickering, arguing, fighting & blaming will begin.

If that's the case, I guarantee you'll end up becoming bitter & resentful toward him, because while you expressed warranted reservations, your husband insisted on buying this toxic, hazmat nightmare anyway (you know in your gut it's s wrong and if he persuades you into doing it anyway, you may never forgive him (your gut never, ever lies to you, OP, remember that).

I wouldn't touch this place because the homeowner blatantly lied on the disclosure form, and if you're dealing with someone that immoral & unethical, who knows what else she's hiding?
Maybe the house is haunted?
Maybe its built on a native American burial site?
Maybe the next door neighbors are drug dealers, and they cook giggly combustible meth just a little close to your property line... who knows??

The point is, nothing that she OR her realtor says can be trusted.

[Anonymous]

Yes, pull out!!

[Anonymous]

OP, congrats to you for two things:
- pulling out of this deal
- generating seven pages of responses that are 99% in agreement that you should pull out

I hope you find a house you love to bring your baby home to. This isn't it.

[Anonymous]

Anonymous wrote:This is not the right first house for you OP. This stuff is no big deal when you’re on house 2 or 3, 10yrs into home ownership. By then you have trade contacts or know other people that have gone through similar situations and can recommend people. You understand that the estimate you get for repairs is just that and you budget 20% for contingency. It’s not surprising when the work doesn’t go as planned or on time. Add to it you’ll soon have your first child you don’t want to be living through renovations or worrying if mold spores have impacted your kids health. Moving, home renovations, and children are all major life stress events. Take them one at a time. Get rid of the fixer upper house—this is not the right time in your life for this project.

This stuff IS a big deal even for experienced homeowners. I would only buy this house if it was 1k and I had the funds to flip it. I would never live in it.

[Anonymous]

It must be stated clearly so you remember this as you house hunt YOUR HUSBAND IS AN IDIOT.

Mine did something similar and fell in love with a house that had so much obvious and hidden damage that it was comical. The house was decorated beautifully. It was clear he was not able to see past the superficial and I had to get angry and stop house hunting with him for a few weeks. One of you needs to learn home inspector skills so you notice this stuff. I became that person and had to drag my husband away from another house that had flooding issues. The basement was wet and when we viewed the house the homeowner was in the basement trying to hide the dampness. I found insulation he had pulled out that was water logged. Our realtor, who we fired eventually, sided with my husband even though she and I stepped off the deck of the house into water up to our ankles and it had not rained recently. We found out later that the house had constantly had flooding in the basement and the backyard was a swamp. The homeowners had a bunch of work done and the county installed a drain but the problem persisted.

Just know you are going to have to be tough on your husband so he doesn't talk you in to a disaster.

[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 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.

"Some pause"?

You can't be serious.

"Some pause"