Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Please solve?
A real estate agent received a 6% commission on the sale of a home. If the home sold for $596,000, how much was his commission?...


 Who is responsible for a loss rent money order the renter are landlord?
the renter are late more then once now they say that the money order was lost and can't pay their rent until Jan 2 ,the law says that you have to wait 3 months to put them out ,rent was due on D...


 Should a real estate broker charge for a home price appraisal?
They are not wanting to sell their home, but they are interested to see what there home is worth. Do I charge? Normally, if someone comes and wants to sell there home, I go in and tell them what a ...


 Can your landlord conact your employer and notify them of unpaid rent???
...


 I am moving to Florida in 2-3 months and am looking for a affordable 2 bedroom apartment for me and my baby?
...


 Moving soon! Apt. lease is for another 6 months. Is 30 day notice enough to leave leagally without penalty?
...


 What is the better choice? All opinions appreciated please!!?
I asked this yesterday, but I guess I did not explain it well enough to get the answers I wanted. My husband & I are a military family. We have 2 kids aged 4 and 1. We live on a post, but have ...


 Is California too expensive.I make 1,600.00 a month.Car note 260.00.rent is 1,40.00.Garnishment of 460.00?
...


 I am trying to buy a house, what does "commercially zoned" mean?
...


 Do need to have alot of money to get involed in real estate?
i live in southfield, mich a suburb of ...


 What is the standard amount you have to put down on a house if you are signing an agreement to purchase ??
...


 Real Estate Question?
My husband and I are currently house hunting for our first home. A few of the houses we are looking at are out of our price range, and we are thinking of trying to talk the sellers price down. Our ...


 If you were a store owner would you put stuff on sale so everybody could buy it or put it really high priced?
Why?...


 How many days are in agust?
...


 Is it legal to have someone take over your lease?
Are there different laws depending on the State you live in?...


 Can my mortgage be denied after underwriting and commitment?
My husband and I are purchasing a new construction. As a part of the contract, we were required to submit a pre-approval letter at the time we signed the contract. We also were required to submit a ...


 Family and Real Estate Dilemma?
My family is losing their home. they can't pay the mortgage. They want me to buy another home as a first time buyer so they can move into it before they lose their house, they will pay for the ...


 My neighbors curse, scream, and fight....?
Is there anything that I can do? I have a four year old son. The cops were here the other night. We live in a garden apartment, and they moved in in May I think. I mean, they go at it ALL NIGHT LONG. ...


 Does a roommate have a legal say in the permanent replacement of a 2nd roommate?
First off, please don't give me your opinion, unless it is backed by reference to a legal document...

If 2 people live together...they sign a lease, with intentions of them both ...


 I'm having to move because of landlord problems?
im beng taken to court because of not paying the rent.but thers asbestos,roaches rats,and the sewer backs up in the back yard.he says that ill have to pay or be evictid.what do i do,and where do i go?...



Cherona29
Are home inspectors often wrong?
We're selling our house & have an offer & today we had a home inspection. We bought our house from the builder & it's only 3 1/2 years old & we keep it in top shape! Anyways, the inspector checked the attic & said we have a leak which hasn't gone through to the ceiling yet but it could. My husband who is a contractor in construction checked it this evening & couldn't find anything. He lifted under the insulation & checked everything, no water. The inspector only checked from right beside the attic door, he didn't go through the insulation to check. The area where he said is a leak is a slightly darker colour wood so it looks wet from a distance but it wasn't when my husband checked it. Anyways, the inspector & the buyers are coming again tommorrow with their agent & he's going to check the attic again. I'm worried that the deal might fall through b/c of this. What do you think?
                     
 




Expert Realtor
Rating
I think that unless it's raining or you were spraying the roof with a water hose during the inspection, that BOTH your husband and the inspector could be wrong.

Inspectors not only check for darkened wood, but they check for moisture.

Roof leaks are very, very difficult to pinpoint, and your husband, as a contractor, should know that a roof leak may originate several feet from where it shows through in the attic...I'm suprised your husband didn't know that...that is why roof leaks are difficult to repair...you have to find out where the starting point is.

Your husband wouldn't be able to make the determination that there is no roof leak, unless he checked for moisture....and you didn't state that he used a moisture reader. If there was no water on the roof, then he couldn't say for sure there was no leak.

The inspector doesn't have to go through the insulation to check. Inspections state that anything that is covered up, hidden, or behind a wall, he doesn't have to move...if he sees darkened wood, and picks up moisture, and tests another area of the joists, and the moisture reading is lower...then that is an indication of a leak.

Wait to see what they ask you to do before you make a decision. The way to counteract the inspection is to get a LICENSED ROOFING contractor to come out and inspect the roof and write a report that there is no leak in the area stated in the inspection.

Your husband, cannot do the same thing, regardless of his profession, b/c he is an interested party.

ALL HOMES have issues that show up on an inspection, even brand new ones.


Doctor J
The solution to this 'conflict' in perception is to use a moisture meter to actually measure the water content of the wood in question. (The inspector should have done this - the number should be in his report. If he didn't do it, that is a clear sign of 'poor performance' by him.)
Best wishes and good luck.


Dr. Phyliss
Rating
See if you can get another person to inspect the house. A second opinion wouldn't hurt. Explain what your husband thinks to the buyers and discuss it with the inspector. Don't attack him about, that might make him angry, just ask him to take a closer look. Remain calm and don't get emotional about it.
Good luck selling your house!


chris42
Rating
These types of home inspectors only look at what their eyes can see. I doubt he crawled up there and moved insulation around and felt the plywood and trusses to check for dampness. i suggest that you tell your agent that there was no water damage in the attic,have the agent look themselves and report back to the inspector. Try and make sure the inspector actually checks and not just look through the crawl space with a flashlight. The selling agent might be able to be present with the inpector..may want to due so if they want the sale also. Escpecially if it hinges on this so called water leak.
Good luck.


jumpmaster
Rating
I think your husband's experience speaks for itself. He knows what to look for and if he didn't find anything, then he's probably right. The buyers' inspector may or may not be very experienced or he may be a friend of the buyers who's looking to help them knock down the cost of the property for a bit of a gratuity. I have purchased three homes and have had the good fortune to have worked with an excellent inspector (the same guy) each time.

Good Luck.


CIFYACAN
Rating
I would make sure your husband is there when they come, if that is allowed. If there is a problem, just get it fixed and the buyers will be fine. You would want to fix it if you stayed in the home. Home inspectors are people and they can make mistakes. The fact that the home inspector is willing to come back that is a good sign in getting this fixed.


Haley K
Get a second opinion...yes it's possible he could be wrong and it's possible he could be right..get a second inspector out there.


Landlady R
I wouldn't worry about it.
If it is leaking and only 3.5 yrs old, it will be an easy to do repair.
This would not cause me to walk away from the deal.


witnessprotectionprogram
They are often wrong


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy