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I think I can live with it visually as I really like the unit. But I have to be able to explain it to whomever I sell to down the road and I want to make sure I'm clear on what it is.
Thanks all for your answers. I just want to make sure this isn't a structural defect and is just part of the building. What I'm surprised about is why the seller (who bought this directly from the condo converter), does not know more about what this defect is. The seller must have noticed it when he bought it and asked the condo converted about it? There's no way you can miss it. This is a short sale so the seller has moved out and wiped his hands of the property.
It sounds like you have 2 questions. 1) Should you worry about it? and 2) Will it look strange if I put Laminate flooring?
1) You are already concerned. So discuss the options with your Realtor, The owner may allow the carpet to be moved for an inspection so long as it is pulled back. If there is access in the garage area there might be some indication, Ask for building plans? These are just some examples. You should feel good about the home so don't be shy about it.
2) More than likely if you can feel the bump or see it with carpet then you will see it more with laminate. There are ways to float ( level ) the floor but that can be tricky depending on the hieght and location. You can always take pictures and go to a flooring store and ask in advance.
Best of Luck
Prudentil California Realty
Condo conversions were not built to the same standards as regular condos. That does not mean that they are bad or structurally unsound just different standards.
Also, spend the extra money and get real wood floors. They are SO much nicer and if you shop around you can probably get a good floor person to install for around $9 or $10 per square foot.
Lance King/Owner-Managing Broker