Skip to main content

Bought a house through my realtor friend, home loan got sold, home insurance canceled shortly after. Lots of things wrong with the house.

I deleted the first post since I was pretty embarrassed from it all but I tried to get a cached version of it here for anyone out of the loop:

https://www.reddit.com/r/RealEstate/comments/jz05av/bought_a_house_through_my_realtor_who_was_a_long/

My insurance broker had called me the other day telling me that my current home insurance can no longer cover me. They said the roof isn't in great shape despite my realtor telling me it was replaced back in 2009, but after talking to my neighbor, she said that roof was never replaced (or at least she never saw it replaced since she's lived there)

My realtor had said the inspection had gone good, and that the house was well kept.

The inspection though said the gas lines were missing some components. Sediment traps, the inspector noted all that. he even said "Under current construction standards, they're required". He also said a few other things were required due to "Safety standards" and should be installed also. Oh and possible damage to the foundation due to roots.

So I'm surprised why my realtor was trying to get maybe one major thing repaired (a few shingles on the roof) and the rest was petty things like screen windows. She said if we go easy on the inspection and on the things we ask repaired, they might throw the fridge in for free. I told her to do what she thinks was best which was a stupid mistake.

Also, how did this get past that VA appraiser as well?

I'm not trying to point fingers. I blame myself for not being more cautious. I just figured I was in good hands with my realtor friend who I've known for a long time. I told her I wanted to start fresh, in a quiet area and a place that I can just focus on my mental health. She told me I was being too negative when I spotted a house that was close to a school. I just briefly pointed out that a school nearby could mean lot's of traffic and loud noises. The funny thing is that the house I'm currently living in is a block away from the main street so I'm constantly hearing sirens, and road noise and people revving up their engines, it can get a bit overwhelming.

This was her response when I had brought up that maybe I should find a realtor that's closer. And when I had thought about backing out (we weren't going to close on time and the sellers got upset), my realtor said "You're not going to back out, we worked too hard for this, you worked too hard for this" (I have this in a voice message)

I guess that's it. I'll probably file a complaint like some of you recommended I do, and write a review on her. Hopefully others can learn from my fuck ups.

submitted by /u/Weirdo_beardo_dude
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/k36jux/bought_a_house_through_my_realtor_friend_home/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

Pool fill without engineer oversight

We are in the process of purchasing our first ever home in CA and we just discovered in the disclosures that the new build property we are purchasing previously had a swimming pool which was filled without an engineer onsite to approve the work (details from disclosure below). Is this something we should be concerned with or not? Is it something we should have additional inspections conducted on? We are originally from the UK and not really sure what to do with this information and if it is concerning or not. A POOL DID EXIST PREVIOUSLY. COPING, TILE, GUNNITE AND REBAR WERE ALL REMOVED AND DIRT AND CLEAN DRAIN ROCK WERE USED TO FILL IT IN. COMPACTED FILL WAS NOT USED AND NO ENGINEER APPROVED THE DIRT AND DRAIN ROCK FILL IN submitted by /u/tommot82 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/dpyzw8/pool_fill_without_engineer_oversight/

Making offers on houses not listed for sale.

I want to buy a home for retirement. I am looking at lots of options, mostly focusing on the locations that appeal to me. I see lots of Zillow estimates of homes that look like great deals to me. Are these estimates accurate, even though similar houses in the same area that are for sale are usually priced much higher? If so, is it realistic for me to try to make offers to owners that do not have their homes listed? Would a realtor even consider helping me do this? Or, do these values indicate that the houses listed for sale are overpriced, and I should just lowball until someone accepts? Are houses today tending to sell far below list prices, or ??? submitted by /u/chewybrian [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1o4mcon/making_offers_on_houses_not_listed_for_sale/