Profile picture for user7964816

hidden problems with house

I am concerned about hidden problems with a house I'm interested in buying. The roof was redone in 2002 but the roofing contractor isn't in business anymore. There is a pest report of $4000 that includes some water damage. Sellers want the buyer to clear the pest.

Sellers bought the house as a rental and want to exchange it for another rental.

Are they unloading the house because they don't want to pay to fix expensive things they know are wrong with it but which aren't apparent without home inspection (which typically does not include the roof)?
  • November 23 2013 - Sacramento
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Answers (14)

I'm curious as to what happened. Can you give us an update?

Thanks,

Jason Walter
REALTOR® - lic #01923240
Certified Public Accountant (CPA) - lic #103885
Hammer Real Estate Group
  • December 19 2013
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Make sure your get your inspections done and trust your gut. 
  • December 06 2013
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Why the sellers are leaving is one of the most common questions I get from buyers.  They feel if the house were so great they wouldn't be selling!   But there are a host of reasons why people sell a house and it most often has nothing to do with the quality of the house itself.  It usually means a change in lifestyle for the owners-- downsizing or upsizing, a job promotion elsewhere, a medical condition that necessitates a change. 

This particular property might not be making enough money as a rental.  If you're considering it as an investment property, make sure you speak to an agent with experience in commercial real estate who will run the numbers for you.  

If you simply want to live there, do as others have suggested and get a thorough professional home inspection.  This might cost you $300 or $400, but it will save you tens of thousands in potential repairs down the road.
  • December 06 2013
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Profile picture for Ofe Polack
Find yourself a buyer agent who can help you with the buying process, which includes a home inspection.  The home inspection will show any issues with the property and then you can negotiate with the seller.  Good luck!
  • December 06 2013
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A quality Home Inspector will most likely identify most, if not all, issues with the home.  Make sure the inspector has the sellers disclosure report and any information you have turned up during your research.  This information will help the inspector confirm or dispel your concerns. Additionally, although no person is perfect and ultimately inspectors are human; however, hiring a certified inspector that is trained in thermography and building science will provide you the best equation for identifying any current issues with the property.

I agree with Joe Nernberg. An inspector experienced with thermal imagery has the best chance at finding active moisture issues throughout the structure.
  • December 03 2013
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Profile picture for aracz
Hi,

It sounds like it would be a good idea to do all the inspections to see what the issues are, and Then see if you can negotiate accordingly. If you get the sense that this won't be possible, you may wish to consider other homes.

All the best,

Arpad
  • December 02 2013
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Only hire a home inspector if you decide to submit an offer that is accepted. A home inspection costs around $375 but it well worth it. If you're using a Realtor to help you buy the home (I hope you are) ask him/her for advice.

Also, depending on the area it's fairly common for sellers to clear the pest report. However, finances of the seller and demand for the home can effect this.

If you are concerned about the roof, contact the Roof Doctors at (877) 505-7660. They examine the roof for free.

I hope that helps but contact me if you have any questions!
  • December 02 2013
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Hire an inspector with an infrared camera. Thermal imaging will reveal active leaks.
  • December 01 2013
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Put your concerns to rest, if you are interested in the property, have your buyer agent write an offer and if it accepted then have a home inspection which will put your concerns to rest.  
  • November 23 2013
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Profile picture for JesseCoffey
Unfortunately if you like the home you will need to take a chance and spend the money on inspections. Non-owner occupied sellers do not have to disclose much because they do not live in the home and do not know everything about the home's condition. That is why inspections should be done. Inspectors cannot open walls and inspect every square inch of the home so an inspection does not guaranty you will find 100% of the issues, but a good home inspector will find most, if not all issues. A good home inspector will also inspect the roof, but will not provide you with a roof cert. If you want a roof cert you need an inspection from a roof repair company. There are local companies that do roof inspections for free. They make money when you purchase the roof cert which is optional. You should also get a second pest inspection. I have seen as much as a 40% difference in repair estimates from different companies for the same repairs.

Good luck with your purchase.
  • November 23 2013
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In Sacramento, we typically do inspections after an offer has been made, but for some homes, the market is not red hot. You might have time to ask the seller to give you a copy of the TDS and Seller Property Questionnaire prior to making an offer, but most buyers would just make an offer and then do inspections. It sounds like the sellers are being upfront by disclosing the pest. They are required to disclose defects.

What does your agent have to say about it? Did you hire your own agent?
  • November 23 2013
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It's very difficult to ascertain the reasons why a particular seller might be motivated to do one thing or another.
 A roof is normally good for 10years, according to the roofing experts I have talked to.

 I would do my own termite report and inspections. You can also request a roof inspection if you are concerned, along with any other inspections so that you are satisfied with the condition of the property before you buy.

In my professional opinion, this is your best Option..investigate everything that concerns you and make an informed decision once you have all the information!
  • November 23 2013
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Profile picture for Outer Banks N C
There is no way we can know why they want to sell, but there might be good reasons or other reasons. You just need to know that you must investigate to your hearts content. $4000 for pest what? Treatment? Water damage? Homes not lived in by an owner can often have problems depending on how the home was maintained and kept up. You  could be buying a fine house or a problem waiting to happen. Good inspections should answer that for you. Just because a roofing contractor is no longer in business means nothing and that alone would not bother me.

tim
  • November 23 2013
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Profile picture for wetdawgs
Speculation on why someone is selling a house is a wonderful way to waste a beautiful day and get no where.   So, if you are interested in the home, make an offer and hire an inspector.   Negotiate hard if you find a lot of serious issues if the price doesn't already account for those issues.

  • November 23 2013
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