Skip to main content

Finished with the worst home buying experience of my life

Wife and I finally closed on our new house on Friday, and holy shit was it a ride. All due to the seller being a straight piece of shit.

The guy is a licensed (very small time) real estate agent, having inherited a successful real estate business from his parents. He was selling off this old house that he lived in for a while, having also originally inherited it from his parents. He's also a convicted felon. If we knew this, or what a complete scumbag human being he was, we never would have offered to buy the house, but by the time we knew, it was too late. I could make this post much longer trying to tell the whole story, but here's the bullet point highlight reel of what a worthless individual this man is:

  • Left the house unheated over winter, causing pipes to burst and some pretty significant water damage in the basement.

  • In our offer, we stated he needed to have a professional replace the moldy drywall and lumber. He waited until the day before inspections were due to try and get a company in there for a quote, which they obviously couldn't do on short notice, forcing us to extend.

  • Was given a fairly lengthy list of items from the bank's appraisal that needed to be changed / fixed before they would grant the loan and let us close. He sat on his hands and didn't do a single item until the week of closing.

  • On closing day, was attempting to haul away some of his massive junk collection (construction debris, household shit, junk appliances), AND finish the last few fixes he was obligated to under our contract, literally 15 minutes before our closing time. We had to push out closing past normal business hours.

  • Everything wasn't his fault. The guy he had hired to haul his junk away the NIGHT BEFORE CLOSING hadn't showed up. The stove he was supposed to hook up, he had the wrong fittings for. Same with the hot water heater he was supposed to hook up. The back door handle he was supposed to install had bolts that were too short. The screen door he was supposed to install was a model that was facing the wrong direction. All of this, ON the day of closing, having known about most of it since our original offer 45 days earlier.

  • So much junk. Even after he got most of the big stuff (junk refrigerators, etc) out on the day of closing, I filled 3 full size metal dumpsters on our first day working there, with just... Junk.

  • In the utility room in the basement, every time we did a walkthrough to check on his (lack of) progress, we had to do it with flashlights because none of the lights worked in that room. As soon as I owned the house, I bought two 4 ft long fluorescent tube light bulbs, popped them in, and I could finally see down there. This idiot actually let every single prospective buyer for 3~ months walk through part of the house in complete darkness, rather than spending $14 and 5 minutes changing a lightbulb. To me, that's the best illustration of his overall mindset.

  • He's a convicted felon from some blatantly fraudulent dealings a while back.

  • He had 3 liens against the house (possibly due in part to the restitution from this criminal case?), so he wasn't actually making any money from the sale of the house anyways.

In the end, we could have refused to close on Friday, with him in violation of our contract with all the shit he STILL hadn't fixed by the time we had to sign. But we just wanted the fucking house, so we can finally quit dealing with this moron. We'd also rather get shit done ourselves so we know it's right, than risk anything he's doing incompetently at the last minute.

He also claims he's going to pay us kind of an 'inconvenience fee' of $500 under the table to cover the cost of all the shit he left undone. I'm going to hold my breath until I see THAT money.

TLDR: Bought a house from apparently the shadiest, most scumbag human being in my town, and I think I need to ask my doctor to up the dosage on my Lisinopril after the last 45 days he's put me through.

Ninja edit: Having done all this bitching, I should add that the price we paid pretty well reflects how shitty and lazy he was with the house. We paid $265k, which is slightly more than the absolute highest price we could afford. If this moron had spent 2-3 full weeks just cleaning out all his junk, fixing small things, and generally making the house more presentable, I honestly think he could have gotten $290-300k. The only reason we were able to afford this house, that IS actually quite nice once everything is fixed, is because of this guy's almost indescribable incompetence. So for that, I thank him.

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

source https://www.reddit.com/r/RealEstate/comments/17eiclu/finished_with_the_worst_home_buying_experience_of/

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

Fast Rising HOA Fees on NYC Condo, No Budget Provided

My wife and I are first time homeowners and could use some advice on a situation we've been having with our management company and Board. We bought a condo in Brooklyn two years ago, and since then our HOA fees have climbed dramatically. In August of last year, our fees were increased by ~30% and just yesterday we received notice that this new figure would be increased by 16% as of June 1st. The by-laws for our building state that ten days before such a change goes into effect, the Board must provide unit owners with the itemized budget upon which the new numbers were based. This didn't happen last year, and when I asked the management company about it, they just kept vaguely insisting the Board had done due diligence. After I kept pressing, they finally sent a budget that was several years old, so obviously not the one that the new numbers were based on. When I asked the management company for contact information for the Board to get further clarification, I was told that th

How to create fidelity investments current bank statement for lender during escrow

I transferred a certain amount to my bank account to complete the minimum down payment required. The bank wants a current statement of the transaction. Unfortunately, fidelity only does quarterly statements so a December statement is not available and we are due to close next week. I called fidelity and they they can only provide a letter but the bank said that won’t suffice. Any way I can find or make one of my own that has my account number/name along with all the recent month’s activities? submitted by /u/bodaciousbeans [link] [comments] source https://www.reddit.com/r/RealEstate/comments/zmnnqo/how_to_create_fidelity_investments_current_bank/