a purchase, they agreed to a $10,000 price reduction and took the house. Big mistake! The problems they had noticed went much deeper. The weak utility room doorway translated into unfortified walls leading into the garage. The bouncy bathroom floor had been wet under the linoleum and there was moisture about three inches up several of the walls. The flickering light switches were warning them of the outdated wiring which had to be replaced. In the end, their $10,000 savings only helped to give them a bit of consolation when they paid $27,000 for all of the remodeling! The moral of these stories is to have a good inspection. These buyers were attracted by a price. They didn’t have a proper inspection of the home before purchasing. It seems the real issue was the agent who cared more about selling the home than his clients.
HOME-BUYER PLAGUES
Although a home inspector passed on Justin’s and Kate’s home, he missed some problems. For instance, the previous homeowner supposedly installed a new tankless water heater, and it failed shortly after moving in, leaving the family without hot water! Then, the sunroom was filled with termites, costing the couple $2,000 in repairs. After the termites were eradicated, they discovered the sunroom was entirely covered in mold, and there was no caulking around the windows to keep the moisture out. A better home inspector would have been able to see the signs of termites and mold. The tankless water heater should have also been checked by the inspector, but it could have failed after the inspection.
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