Janet Smith, Both Buyer and Seller in San Pedro, CA

does a residential home for sale have to have a heater in it in order for it to be sold?

Asked by Janet Smith, San Pedro, CA Wed Dec 5, 2012

Double lot. 1st house built in 1903 and 2nd house built 1912. No heaters were built in either home. We now want to sell the house "as is" "as disclosed" and want to know if there are any Los Angeles city codes that require that heaters be installed in the homes before they can be sold.

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Answers

10
Pete Kuehne’s answer
A heater is not required for the home to be sold, but it sure helps! The reason is because banks will typically not make a loan on a house without a heater. If you are trying to sell a home without a heat source, you may find it to be an uphill battle! Consider investing in some kind of heat source, even if it is just baseboard heat.
1 vote Thank Flag Link Wed Dec 5, 2012
How did this sale turn out for you?
0 votes Thank Flag Link Thu Jan 31, 2013
You can sell any property in any condition if you have the right buyer. With cash there are absolutely no limitations as to property condition, however, if your buyer has an FHA or VA loan, then they will want to see a heater present. Some properties have even been sold with conventional financing with no heater, but, if the bank discovers that there is no heater, all bets are off. Typically, appraisers in today’s market environment look for a heater, regardless of the type of financing being used.
0 votes Thank Flag Link Thu Dec 6, 2012
As others have said, it depends on the lender you are using. There is certainly no law that prohibits buying a home like this. So, it's up to you to determine whether you want to purchase it in this condition and find a loan program that will allow you to buy a home without the heater.
0 votes Thank Flag Link Wed Dec 5, 2012
It really depends on the kind of loan that the buyers are pre approved for. If they have FHA or VA or Conventional loans, you need to provide heating. Or you can offer a credit toward the heating system to the buyer.

Best of Luck,

Maria Cipollone

Century 21 Tenace

http://www.Flahomespecialist.com
0 votes Thank Flag Link Wed Dec 5, 2012
You may need to provide for heating if the buyer is using FHA or VA financing. Conventional financing could require heating as well. Cash purchases won't require any modifications to the home but you want to be sure you disclose, disclose, disclose. Good luck to you and Happy Holidays!

Diane Wheatley, Broker
diane@moveupproperties.com
Visit us online at MoveUpProperties.com
0 votes Thank Flag Link Wed Dec 5, 2012
Sold... no, as long as you disclose. As far as a buyer being able to get a loan from a bank, no. Banks won't lend on a home with out a heater. That right there will cut out most of your buyers. Only all cash buyers will be able to buy it and they don't want ut for market value. Look at the option of spending $2,000.00 on a heater so you can open the house up to a wider range of buyers.

James
0 votes Thank Flag Link Wed Dec 5, 2012
Hi Janet,

Theoretically, yes, a house can be sold "As-Is without heat". However, this is predicated on whether the local municipality requires a Certificate of Occupancy or some other municipal inspection prior to closing.

-Steve
0 votes Thank Flag Link Wed Dec 5, 2012
Yes, you can sell without a heater..this should be mentioned up front in the MLS.
Best,
Susan Bo'ur/Realtor
Coldwell Banker
Susan@SusanBour.com
0 votes Thank Flag Link Wed Dec 5, 2012
I would suspect the city has an required city inspection they preform before the sale can go through? In that report they might list a Repair Required. The buyer can accept the home as is, but will be required to pull the proper permits when bringing the home up to code. Inspections by the city to follow the completed work.

Hope it goes well!!
0 votes Thank Flag Link Wed Dec 5, 2012
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