Tenant paying very low rent in a rent control area. How can I raise his rent? Real Estate |
- Tenant paying very low rent in a rent control area. How can I raise his rent?
- A tenant has separated from their partner. She is wondering about changing the locks on the doors for safety reasons. Who is responsible for the cost of changing the locks in this situation?
- Seller didn't disclose septic needed repair; septic has now failed
- How do Redfin agents get paid? A fixed salary or just a lower percentage of the commission?
- Questions about buying homes and turning them into section 8 housing
- How do you handle a scenario like this- house has been listed for 215+ days.
- List price question
- Realtor Late Document Settlement
- First time home buyer, thinking of backing out of an accepted condo offer
- [seller] having a problem with my realtor and keeps refusing my proposals and wants me to sell my house for wayyy less than I want. Help pleas!
- currently renting, how long before our lease is up should we buy or even start the process (1st time)
- Selling home for exceptional loss, 100 days and no offers.
- 10 Tips for Buying Your First Condo
- What's the fastest can someone go from seeing a house/land they want to owning it ? If they have the entire cash available or go through banks. (Nostupidquestion)?
- Property manager is trying to kick my wife and I out of our Lease 6 weeks before having our first child
- Advice on selling my house.
- Closing on a House
- Need Advice, Ideas, and Direction [IL]
- Can a professional rental company claim tax deduction for loss of house values?
- Timeframe for HOA docs
- Condo - No reserve fund causing mortgage issue (MO)
- Is this legal? What are my options?
- Do these closing costs look fair for San Diego, CA?
- Seeking advice on dealing with incompetent seller’s and sellers agent
- What are the benefits and problems of “Morton building” style homes?
| Tenant paying very low rent in a rent control area. How can I raise his rent? Posted: 24 Apr 2019 07:21 PM PDT My father recently had a stroke and among other things his rental property was dumped onto me. I'm having to take care of it, and prior to this I've had no experience as a landlord. The property is a 1 BR apartment in Cliffside Park, NJ. It appears as if that city has a rent control of no more than 5% per every 12 months. The problem is the current tenant is paying WAY below market value! The mortgage to the place is much higher, and so there's a net negative each month. What are my options as far as bringing rent up to a fairer price? Raising the current rent only 5% won't even begin to get it to where it should be. AFAIK I can't just kick him out and replace him with a new tenant, and because of rent control, I can't raise his rent more than 5%. Rock and hard place. Tenant is currently on a month-to-month term. Also, my father has no records/paperwork of the lease. I couldn't find anything. He was horrible with records so I'm not surprised. The tenant says the deposit was $2800, which could and probably even is true. But I don't know this for sure. When the time comes for him to move out, I am reluctant to just take his word that it is $2800 without seeing proof. What are my options with this? If the tenant does NOT have a copy of the original agreement, then it's a he said/she said. How do the courts settle this? [link] [comments]  |
| Posted: 24 Apr 2019 07:29 AM PDT |
| Seller didn't disclose septic needed repair; septic has now failed Posted: 25 Apr 2019 03:59 AM PDT In seller's disclosure, owner wrote no servicing of septic, no issues with septic, no repairs to septic, no repairs needed for septic. It turns out that 3 years ago when the septic WAS serviced, the technicians said ALL the lines needed replacement. The owners did not replace any of the lines. In my inspection period, the septic inspector said everything but the tank needs to be replaced because the lines are failing. I'm in the inspection period and now have the list of wanted repairs, #1 being the septic (#2 is flue and furnace because those are also failing, and I have the tech receipt noting repairs needed to be done). YANML, but what's the smartest recourse here? I'm asking for the septic and furnace/flue to be working at owner's expense, but what about the fact they lied on the seller's disclosure? Can I ask them to pay my lawyer's fees or something? I really do want this house. [link] [comments]  |
| How do Redfin agents get paid? A fixed salary or just a lower percentage of the commission? Posted: 24 Apr 2019 05:52 PM PDT Looking for a place to buy soon, saw a few properties through Redfin tours. 1 property each time, a different person each time. First time seemed to be an actual agent, 2nd time was someone with uber and lyft stickers on their car, 3rd time was with some random lady who knew nothing about real estate. I remember going with a friend and his realtor to check out properties in another state a few years ago, and its like they had a long working relationship, the realtor was able to answer all sorts of questions thoroughly, where as with redfin people its been the equivalent of talking to a door, and not really inspiring confidence in their abilities. Its just the ease of using redfin has been appealing, but I feel finding a good traditional agent should be the way to go moving forward, assuming a traditional agent should be more like the experience I had when I joined a friend years ago with his agent. So are these redfin associates actual realtors, or what? And how do they all get paid? It seemed from a post search that they're just on fixed salaries? I get the impression its basically Uber but for realtors, where most of the money goes to a centralized headquarters, and then a little bit is spread out to all the redfin realtors as a fixed salary? [link] [comments]  |
| Questions about buying homes and turning them into section 8 housing Posted: 24 Apr 2019 07:48 PM PDT Hey what's up guys! First post here and just starting to think about getting into the game. I'm about to get out of the military and want to use my VA loan options to make some money. So recently I've been talking to a friend who's been telling me to buy a "cheap" home, turn it into section 8, pay it off and then buy another one and repeat the process basically snowballing the monthly income to continue to pay off and buy more homes to turn into section 8 but cutting down the time to paying off and then getting a new property with each home that you pay off. I've been doing some research and it seems a little more difficult then my friend is thinking it will be to do this. So here's my main questions. If any of you have done this could you tell me your experiences and how it went for you? What are the benefits of going the section 8 route instead of just a normal rental situation but following the same basic formula to snowball monthly income and acquire more property? What are the differences in finding tenants between the two and how much does the government play a roll in that? Overall what is the better choice between the two? And finally if there are better options of using my VA Loan what are they? Thanks for reading, looking forward to your responses!! (Sorry if I sound uneducated or said anything that didn't make sense I'm very new to all of this) [link] [comments]  |
| How do you handle a scenario like this- house has been listed for 215+ days. Posted: 24 Apr 2019 06:57 PM PDT Listing states, "SELLER WILL CONSIDER ALL REASONABLE OFFERS!!" No open houses available. You just call the agent to view the property. Ad states no inspections or warranty or termite certificate will be done. They want the potential buyer to submit the earnest money, proof of funds, pre-approval letter, and credit scores. It looks like this property was held for a very long time. Anyhow, is this a red flag regarding not wanting to provide the termite or warranty? Is that even legal? How can one use the days on market + termite/warranty information to their advantage when negotiating? [link] [comments]  |
| Posted: 24 Apr 2019 09:23 PM PDT -I'm getting ready to list my house for sale(with an agent). -I bought the house in 2016 for full asking price of 170k. (I may have over payed but I think I got a pretty fair deal.) -I used a military 30year VA 0 down loan, so I currently 164,264. -I have one of the best lots in my neighborhood and the biggest floor plan in my section of the development. With all that being said, I'm hoping to not bring any money to closing, and expecting to pay the typical 6-8% associated closing costs. Do you think that is a possible scenario for me to ask and receive the tax appraisal value? And what does my selling price need to be so that I will not have to bring any money to closing? [link] [comments]  |
| Realtor Late Document Settlement Posted: 24 Apr 2019 01:24 PM PDT Wanted to give an update to our Realtor giving us late information and causing us to have to end our condo contract. We ended up contacting his managing broker who was alarmed. She spoke to him and he magically wanted to talk compensation. Funny how previously he was only interested in that if we continued working with him. We asked for $810 and he offered $500. We ultimately accepted despite disagreeing. I share this because it was interesting to know that his managing broker could not force him to do anything. While we feel he owed us more, it was either push so hard we got $0 or took him to small claims court (not worth time/energy/emotion). While it was less about the money, we found this to be worthwhile. We got a settlement, yes. But more importantly he was under the microscope with his managing broker and will hopefully think twice when coasting on jobs with clients or asking for reviews before contracts closing. Thanks to all who gave us feedback earlier. It helped my wife and I make our decision. We also welcome your thoughts on how it resolved. [link] [comments]  |
| First time home buyer, thinking of backing out of an accepted condo offer Posted: 24 Apr 2019 08:44 PM PDT TLDR at the top: I made an offer on a condo that was accepted, worried I offered way too much, have since developed concerns about the neighborhood and association, still in my 7 day inspection window and thinking of backing out. I'm a 31 year old single guy living in the Minneapolis, MN area and make $66k/year. Current situation is that I've been pretty blessed renting a second bedroom from a friend for way below market rate of any apartment with comparable amenities. I haven't saved a super significant IMO but I am completely debt free and have about $35k in the bank. Maybe I haven't been the most financially responsible because I've gone on some pretty expensive/I've been in my roommates house for what will be 4 years in June and while she's not in any rush for me to leave, I feel like I've overstayed my welcome and I'm sure she would like to have the home she bought for herself to herself. While winters sometimes make me want to leave the area for good, I can't actually see that happening. I'm pretty comfortable and established at my job. To me, that means buying makes sense. I really don't have anything to really furnish a house with, plus I don't want to pay for a lot of space that will sit empty so I've primarily been looking at condos. Ideally 2 bedrooms for a home office like room, but I'd be happy with a 1 bedroom depending on size and amenities offered. Being single, buying a home on a single income is rough, especially in this market. I did have lose out on an offer almost exactly a month ago on a place I basically fell in love with and haven't seen anything since that that had me nearly as excited. Still really interested to see what that one closes at. I think my realtor could have given me a bit more advice about what to offer but I don't really want to blame her, she's been so great through the process so far. I've been looking since December and while December-March was very slow, April came and everything exploded. I expanded my search area lowered my expectations somewhat(I think I was looking for too much for too little, didn't realize in-unit laundry was so hard to find) and found a really affordable place I thought I liked. Without saying the name, it's in a poorer suburb surrounded on all sides some very well off ones. I'm sure anyone in the Minneapolis area would figure it out in three guesses or less. I liked the interior of the condo a lot, the floor plan was great, albeit somewhat cookie cutter, and it was well cared for although kitchen appliances could stand to be updated. I feel I offered too much but I'm not sure how much that really matters in this market. It's a good 10k over the closest comparable unit in the last 3 years but it's definitely not 10k nicer, and it's definitely not 18k nicer than the one that closed earlier this month. I should have taken a closer look at that before deciding how much over the asking price I was willing to go, if at all but lesson learned. It's impossible to accurately predict where the market will be in 3-5 years but if I decide I don't like it there and end up wanting to sell, I'm concerned I'd be stuck there if the market isn't as hot as it is now. I do know that this suburb has a new major infrastructure project coming through it and should bring a lot of development but not sure what that might do to existing homes values in the area. I think it would only help them but it's probably not wise to speculate. I hadn't really considered why the price would be that low, I just liked the idea of starting to build equity while not significantly raising my monthly living expenses. Doing some other research, I've developed some concerns about the community. It's obviously a lower-income area and these condos are priced appropriately for that. I don't want to sound like an elitist or some other kind of -ist, but I have some concerns about who my neighbors would be. It's an incredibly large association, possibly the largest in the state with over 500 units in 60-ish buildings, gives me a "projects" kind of vibe even if it is privately owned. The crime map shows 6 thefts/break-ins in the past year in the association, not sure if that's a lot or how to judge that. There's a couple articles in local news papers about disputes owners have had with the HOA in the last few years. And while I can't find the exact number, I did see somewhere that as many as 60% of the units are rentals and not lived in by the owners which gives me the impression that the HOA may not always act in the best interest of the owners, although maybe someone with more knowledge of a situation like this can correct me. Am I being irrational with my concerns here? Any other experience buying in a low-ish income area? I did go through with the inspection today and nothing glaring came out of it so it is comforting to know the unit is in good shape. I could maybe negotiate $1000 off the offer for some minor things I could fix over time but nothing that needs to immediately be addressed. The inspection cost me $400 and the purchase agreement says I can cancel in the inspection window and still get my earnest money back so I'd only be out $400. I'd rather have made a $400 mistake than a $100,000 one. The inspection window ends on Saturday but I'd like to get back to the seller tomorrow, especially if I back out so they can get it re-listed before the weekend. Sorry for the long post, but typing it all up does has helped organize my thoughts a great deal. I really like the interior and floor plan and I think I'd be happy living there but concerns about the community and association have me worried and if those concerns end up being a real problem, the financial hit might be too great for me to get out. [link] [comments]  |
| Posted: 24 Apr 2019 12:50 PM PDT Okay so first I'm in the process of selling my house. The buyers wanted a fast transfer they wanted us to sign papers within the week and they would transfer a cash balance as soon as possible, they didn't even want to do an inspection on the house. Agreed to sell the house for 418 thousand, both parties signed and I'm waiting on the money transfer. I get a call from my realtor she tells me that there is a slight problem. She said the buyer told her that the house was not the sqft they were informed of and that on the county papers for tax purposes it says a different sqft. Right away she said we can just give them there deposit back and sell the house for less because of a misrep. I didn't want to give them there deposit back( and I didn't even know they gave a deposit, I don't even know where the deposit is). My realtor emailed stating that because of the misrep the buyer wants to buy the house for 50 thousand less! I told my realtor I don't want to do that I already agreed to what I originally told them I want to sell it for. She then emails me an electronic proposal saying to sign here to agree and sell my house for 50 thousand less. But I already told her I didn't want to sell it for that price. She informs me that I have to sign it by the end of the day and she will be busy all day so I won't be able to contact her.. she never showed me my tax form on the misrep for sqft. she even stated in the form she wanted me to sign that the misrep was just something off a website. Not tax forms like she said. Cause if it was my tax forms that means I've been paying way more in taxes and I would need to do some sort of lawsuit on that. I didn't sign those papers and she offered to have a chat with her and her supervisor stating that because I didn't sign we need to file an extension so we can sell the house for 50 thousand less. I have 10 days before my escrow ends I don't know what to do. It's my first time selling a house, and I don't even know what to do. I need some guidance where to start first. And what I should do. I mean is it my fault? Should I be selling the house for that cheap? It's in a great neighborhood where houses sell for over 600 thousand. I have a feeling maybe it was her fault about the misrep and she's just trying to cover it up by selling the house and getting over with it so she can get her cut. She wasn't even like this to begin with she was nice and understanding and all of a sudden she just doesn't have the time for me anymore and doesn't seem to want to take my side. She's taking the buyers side and informing me that I need to bid to there wishes not mine. This has been very stressful for me and my family. Please help. [link] [comments]  |
| Posted: 24 Apr 2019 03:19 PM PDT My wife and I are currently renting and are looking to buy a house next year when our lease is up. our lease ends at the end of august, but we need to provide 60 days written notice that we will be moving. so my question is how far out should we start the home buying process (we are 1st time home buyers)? 3 months before our lease ends? should we start looking for a house 6 months before our lease ends? I am not sure how long it will take to find one, it is currently a sellers market in our area so houses usually sell in under a few days. any advice would be great. [link] [comments]  |
| Selling home for exceptional loss, 100 days and no offers. Posted: 24 Apr 2019 10:57 AM PDT I bought a new construction home in what seemed like an up-and-coming suburb in May, 2007 for $415,000. 2008 hit hard, really hard. half-constructed dwellings from abandoned projects sat vacant for years until presumably the city demolished them, and a large percent of homeowners in my community have negative equity. By 2010 all new commercial developments ceased(many went out of business), I tried to sell the home in November, 2011 for 350,000 not a single showing in 4 months. I tried again in 2013 for 300,000(which is in short sale territory). It's now on the market for 275,000(I owe 312,000). Market time is about 100 days. The home has no issues, and what I'm asking for seems fair as they home is in very good condition, and is in like-new condition. I feel like there just isn't a buyer for my home. What can I do to move out within my lifetime? There's about 3 years of real-estate inventory in the zip code. Thanks in advance, Edit: wording [link] [comments]  |
| 10 Tips for Buying Your First Condo Posted: 25 Apr 2019 12:05 AM PDT When buying a condo, it's important you know that every condominium community is different. It's crucial to know each community will have its own community rules, association fees, management company, and amenities. Depending on the community, there may only be a handful of condo communities but there also could be hundreds, so do your research!
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| Posted: 24 Apr 2019 12:42 PM PDT My husband got a new job will will eventually require a relocation. The commute is a little far, but still doable for the time. We know we will need to sell our house, however neither of us have ever been through that process. Is there any advice that this sub can offer on what I should do? Are there little things I can work on before I call the realtor that would make their walkthrough smoother? What generally will a realtor ask you to do/change for when they take pictures to post on their website? Should I be removing personal items from around the house or should I be taking down things like the Mickey Mouse wall decals my son has in his room? Thanks for any advice you can give. [link] [comments]  |
| Posted: 24 Apr 2019 08:59 PM PDT Hello! Looking for advice on what to do and look out for while you are closing on a house. Any advice accepted. [link] [comments]  |
| Need Advice, Ideas, and Direction [IL] Posted: 24 Apr 2019 12:11 PM PDT Ten years ago my parents bought a fixer upper house for $180,000 on a great piece of property. They intended to fix it up and live in it but as the process progressed it became evident that the remodeling costs were way above what they had intended for a budget. After six years of living in a house that needs a lot of work but no direction to go, they decided to buy a house down the street and move. After a few years of trying to sell it without losing any money they started renting it to my cousin, just enough rent to pay the bills. Flash forward to today and the opportunity that presents itself to me. They are willing to sell it to me to flip for the remaining value of the mortgage, $150,000. To complete the remodel as originally planned, as they had quoted two years ago, is another $150,000. When completed it would be worth somewhere in the neighborhood of $475,000. Net profit $175,000. The property bullet points •Property located in Illinois, 60423 zip code. •Original structure built in 1800's as a railroad worker house(railroad now a very popular bike path) •Original structure has to stay to maintain variance with the township to take advantage of the most building space •Township kind of difficult to deal with Things I've googled •Buy the property with a Fannie Mae Homestyle loan to wrap the mortgage and remodel costs into one •Inflate the sale price to $165,000 by using the max "gift of equity" of $15,000 (15k before its taxable) as a down payment •If done right it seems as like I can use the 15k gift for down payment and then use the homestyle loan for construction, defer 6 months payment, and only have to pay 6 mortgage payments with my money before being on the market to sell Details about me •29 years old, male •100k in 401k, a few thousand is cash savings •have a $100,000/yr job that is 99% recession proof(energy industry) •720 credit score •live 1 hour away from property •Never take a mortgage before Details about parents •Parents in mid 60's, set themselves up and getting ready to enjoy retirement •Don't want the headache or financial burden of taking on the project •Just helped my sister with cash for buying a house so this is their way of keeping things fair •Very healthy relationship and willingness to help out to maximize profit in any way they can as long as at the end they are paid in full for the remaining mortgage Questions •Who do I talk to first? Lawyer, Agent, Mortgage broker? •This is my first house purchase but I have no intentions on living in it. Can I say that I do for tax benefits? Are there any programs that benefit flipping? •What is the general order I can expect thing to happen from now to ownership? •If I can get $2000+ a month in rent, should I consider or is a straight flip the way to go? •Any other advice, ideas, direction, or any type of help is very welcome TLDR: Currently sitting with nothing and want to Buy house for $150,000. Put another $150,000 in remodeling into it. Sell for $475,000. How get from nothing and nowhere to somewhere with something? [link] [comments]  |
| Can a professional rental company claim tax deduction for loss of house values? Posted: 24 Apr 2019 08:53 PM PDT Hello, so I am interested in making an offer to a property that was listed by a professional rental company. I am trying to understand what could be better option and what motives this rental company may have before I am making an offer. So this rental company purchased this property with 300K in a condo/townhome in 2016, and in Summer 2018, it listed the property as 310K, but no avail because by this time, the price range in the townhome is around 270K to 290K due to home builder's incentives to promote the sales. Unfortunately, the owner is one of the first buyers who made a purchase when home builder did not give any incentives. Then, this year, it starts advertising rent as a monthly payment of 1800$ for 2 months (Feb), but still no lucks. So this is never rented, and when the rental company tries to sell, its initial purchase price is 15K greater than average property values in that townhome area for the same condition. So I am about to make an offer for 280K first, and see where it flies first. I am willing to go upto 300K since I like this property for various reasons, but not more than that. Being that said, my question is can a professional rental company claim tax deduction for loss of house values? I know that in general primary residence is not easy to claim tax deduction for the loss of property values. [link] [comments]  |
| Posted: 24 Apr 2019 01:20 PM PDT Hello! I'm buying a condo for the first time and our offer was accepted a week ago. In the contract, it stated that we were to receive the HOA docs in 7 days but we have not received any from the past 7 months. Our lawyer says this is completely normal and we should be worried or suspicious but I have the nagging feeling that something is being hidden from us. The minutes from 7 months reference an upcoming "big ticket item." We're buying in Chicago. Am I being overly paranoid? He's sent a letter requesting all the documents and asking several questions [link] [comments]  |
| Condo - No reserve fund causing mortgage issue (MO) Posted: 24 Apr 2019 02:06 PM PDT I am a first time homebuyer in Missouri so this is all new to me. There is a condo I was looking at buying in a complex with <10 units. The HOA has $0 in the reserve budget and has had to charge special assessments the past two years to cover issues that have arisen. My mortgage lender is concerned with this lack of funds and is asking that I put more money down so that they would do some kind of limited assessment and let that slide. It is quite a bit more cash down than I was planning (25% more) and it does concern me that the HOA appears to be questionably managed. Paying a special assessment each year is harder to budget for than if they simply raised condo fees. This being the largest investment I have ever made I am curious what more seasoned people think about such a scenario. Any feedback would be appreciated, thank you! [link] [comments]  |
| Is this legal? What are my options? Posted: 24 Apr 2019 07:06 PM PDT I was living with a relative who had passed away last year. They owned more than the house was worth and I certainly didn't have enough money to buy it back or take out a mortgage. So obviously the house went into foreclosure. The house went up for auction last week but no bidder hit the reserve limit and so the new owner, Fannie Mae, wants to now put the house up on the market. I was served this notice on Monday. Today I was sent an email for bargaining my leaving. They offered me $2500 to leave by May 7th. Thats two weeks from today and I find this ludicrous. They want the house broom clean and its still filled with mine and my grandmothers stuff. This isn't even enough time to get an estate sale properly advertised. The average rent for a one bedroom apartment here is $1300, and most places require first, last and a security deposit, and this doesn't even account for moving expenses and taking the day(s) off work. I not only feel insulted at the amount but what really gets me is the time frame here. 2 weeks is not at all enough time to get my things in order, and I feel like they're bending me over with the cheapest lube available. Is this legal? Do I have any cards to play? [link] [comments]  |
| Do these closing costs look fair for San Diego, CA? Posted: 24 Apr 2019 10:06 AM PDT See breakdown here https://imgur.com/a/0VOyzi0. I just wanted to get a 2nd opinion as a first time home buyer with no real idea what I'm doing :P. Any help is super appreciated! [link] [comments]  |
| Seeking advice on dealing with incompetent seller’s and sellers agent Posted: 24 Apr 2019 08:45 AM PDT This is a throwaway account for seeking advice on how to prepare us for speaking with a lawyer this week, specifically any non-legal action that may help or legal actions we should be prepared to discuss with a lawyer. TL:DR at the bottom. Back in March my fiancée and I put in an offer on a 3 unit multifamily in RI with a 60 day close (May 10th) and stipulations that the sellers repair the ceilings and that a licensed plumber installs heat in the 2nd unit. The offer was accepted and we moved into the inspection period. We ended up extending the inspection period by a couple weeks because we discovered that there was some exterior work that the city is already aware of that needs to be taken care of (handrails, fences, exterior repair and repainting of the house), the house needs smoke and carbon monoxide detectors installed, and there is a lot of bad DIY plumbing that has to be undone before a major disaster happens. We request a reasonable repair credit for $11,000 to bring the house up to code because the sellers were struggling to take care of our initial requests in our offer. We figured we can take care of it having done our due diligence to get quotes for any outstanding work on the house. The reason that we kept extending was because the seller continued to request more time before agreeing to the repair credit. Which is when things started to go off the rails. It comes to light that there 2 liens against the house and 5 open code violations with the city dating back to 2015 with fines totally $238,000. The sellers don't want to agree to our repair credit requests because they are worried about not having enough equity to settle the liens. This was never disclosed to us. Additionally, the house needs to be brought up to code for fire safety (smoke detectors, etc) before close and it is the seller's responsibility. They say they do not have the money to bring in an electrician. Our closing attorney reaches out to the selling agent and his clients and helps them settle one of the liens and four of the open code violations. The remaining code violation (fixing and painting the exterior of the house) is tied to the second lien and the fines. Again, our closing attorney has set up a court date for the seller and worked out a deal where we'll sign an affidavit saying we will fix and paint the house within six months of taking ownership and the seller will pay any court fees, and with goodwill, the lien/fines will be forgiven by the city. This court date will happen next week. We also refer a licensed electrician who agrees to install the detectors for cost of the materials with a contract that he will be paid for labor after close out of escrow. This still leaves the heat in the 2nd unit. For the last two weeks we've been requesting confirmation of the contractor who is installing the heating unit. The plumbing that they've done in the past was not permitted and not done to code so it is important to us that permits are pulled and the plumber is licensed. Yesterday we found out that a "friend with plumbing experience" is most likely doing the install without permits. Which brings us to feeling like we may need to talk with a lawyer because having an under-qualified person install the heat could mean:
On top of this the seller's agent has been grossly incompetent with some of these examples:
TL:DR: Sellers and their agent failed to disclose 2 liens and 5 outstanding city code violations on a 3 unit multifamily and are not honoring our request to install a heating system with permits by a professional in one of the units as required in our signed P&S.
Does anyone have advice from a similar situation? As stated at the top, we will be speaking to a lawyer soon. Any additional information we can arm ourselves with for that conversation and all future conversations with the seller's agent would be greatly appreciated. EDIT: cleaned up the post from mobile editing [link] [comments]  |
| What are the benefits and problems of “Morton building” style homes? Posted: 24 Apr 2019 07:44 AM PDT |
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