I am under contract to purchase. They have updated everything in the house and it’s in great shape. I was purchasing as is at the time of construction (meaning no additions or renovations) and only asking for safety and structural repairs. Inspection went well. Radon failed (common in my area) and they had to mediate. Inspection flagged moisture staining in the fireplace and cracked floor (it’s prefab). They don’t use it but it was listed on the disclosure in working condition and had been inspected. I had a level two done and they found rust on the collar, caused by a leak from an improperly installed chase cap. After speaking with the manufacturer and assessing the system, they deemed it failed and a complete replacement needed.Like for like replacement est at $8700. Purchase price was $40,000 over asking and $20,000 over what they were expecting to get (we knew the buyers). Considering all of the circumstances I felt asking for a the amount in full as a credit at closing was appropriate. It’s a townhouse. All the models have a fireplace so this unit failing and requiring a full replacement does significantly impact the resale and overall value.
Well….. they must be REALLY mad because here we are on business day six of a seven business day requirement to respond and NOTHING. My attorney has already sent a request for response. Their attorney is annoyed, and both agents are annoyed but buyers are silent. (Add insult to injury it’s been two weekends in between so almost 11 days of stress.)
I thought this was a beyond reasonable request? Now that they have the info they have to disclose to any additional buyers and even with the credit they are getting WAY more than they thought they would for the unit. I was one of only two offers and the other party bought the other (much cheaper) unit up for sale in the complex.
Was this reasonable? AITA?
Edit to update: this is in fact framed safety and structural. Both attorneys and agents agreed The leak is considered structural and due to this being an attached townhouse with an HOA a fireplace inspection is required every year and any damage or defect required to be disclosed. If fireplace is not able to be used you need to disclose to HOA. They withhold pool passes and fine you until it’s done. (I’ve lived in this community for three years as a renter so am very familiar with HOA)
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source https://www.reddit.com/r/RealEstate/comments/1p3u5ri/lack_of_response_from_sellers_about_credit_aita/
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