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Dan Chase
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Dan Chase’s Questions (6)
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Dan Chase’s Answers (286)
Dan Chase answered:
Who knows what is wrong with it. It could be perfect in every way that matters structurally.
Why didn't the seller drop the price? Because they felt it was worth so much they could not consider taking less. Maybe they had a loan they could not pay off for a lower price. Maybe they lived in hope and cried in despair (as I read it has become a short-sale)
Although many people now know that house prices have dropped and are likely to drop even more not everyone received that notice. Some even refuse to admit to anything they do not like. So they denied reality and priced it wrong.
Why didn't the seller drop the price? Because they felt it was worth so much they could not consider taking less. Maybe they had a loan they could not pay off for a lower price. Maybe they lived in hope and cried in despair (as I read it has become a short-sale)
Although many people now know that house prices have dropped and are likely to drop even more not everyone received that notice. Some even refuse to admit to anything they do not like. So they denied reality and priced it wrong.
Dan Chase answered:
Find out when it was sold here. It should be easy to find that information.
Once you know the time frame it could have been put into a house refuse to buy anything made during that time or that was even remodeled.
Even if you remove half the drywall in a house and find nothing it does not mean the rest of the house is free of that chinese crap.
If you buy a house that was built or worked on outside of the "toxic window" you will not have any problems from what it never could have put in it. But ask specifically when was this built, has it had any repairs or renovations that included drywall, if so when? If you are lied to it could give you legal rights as you bought based on a written fraud and material misrepresentation that would have led you to not buy had the truth been disclosed.
It appears most if not all inspectors will be unable to find the chinese drywall junk unless it stinks that day. So it is just easier to buy according to "not built or remodeled during chinese drywall season".
Chris, cool idea on the link you posted. "There also are other unscientific tests. If your home has central air-conditioning, Danny Lipford, a television home improvement expert, recommends hanging a piece of silver jewelry or a silver utensil on a string in front of the return air filter and watching it over a few days to see if it corrodes. It’s a trick he learned about at a recent industry event."
If you suspect your home has Chinese drywall, Mr. Lipford suggests going into your attic and raking back insulation to see if you can find a made-in-China stamp or the name of a manufacturer, though not all Chinese drywall has such markings.
One person replied "I personally inspected product in Houston, and Florida , both of which I refused, for the simple fact that all of the product had "PINK/RED dye in the printing on the product. If the Government really wanted to find this stuff , its pretty easy to spot, look at your walls, the dye bleeds thru even the heavy textures and paint."
Is any of the above good information that really is worth reading? Who knows. maybe, maybe not. Take it for what it is worth.
Once you know the time frame it could have been put into a house refuse to buy anything made during that time or that was even remodeled.
Even if you remove half the drywall in a house and find nothing it does not mean the rest of the house is free of that chinese crap.
If you buy a house that was built or worked on outside of the "toxic window" you will not have any problems from what it never could have put in it. But ask specifically when was this built, has it had any repairs or renovations that included drywall, if so when? If you are lied to it could give you legal rights as you bought based on a written fraud and material misrepresentation that would have led you to not buy had the truth been disclosed.
It appears most if not all inspectors will be unable to find the chinese drywall junk unless it stinks that day. So it is just easier to buy according to "not built or remodeled during chinese drywall season".
Chris, cool idea on the link you posted. "There also are other unscientific tests. If your home has central air-conditioning, Danny Lipford, a television home improvement expert, recommends hanging a piece of silver jewelry or a silver utensil on a string in front of the return air filter and watching it over a few days to see if it corrodes. It’s a trick he learned about at a recent industry event."
If you suspect your home has Chinese drywall, Mr. Lipford suggests going into your attic and raking back insulation to see if you can find a made-in-China stamp or the name of a manufacturer, though not all Chinese drywall has such markings.
One person replied "I personally inspected product in Houston, and Florida , both of which I refused, for the simple fact that all of the product had "PINK/RED dye in the printing on the product. If the Government really wanted to find this stuff , its pretty easy to spot, look at your walls, the dye bleeds thru even the heavy textures and paint."
Is any of the above good information that really is worth reading? Who knows. maybe, maybe not. Take it for what it is worth.
Dan Chase answered:
I am sure many realtors will not like my reply.
I think it is because those realtors (making the incorrect inputs) are not thinking about doing their jobs. They just want the listing available. I could show several different properties to make the point. As an example, a house with over 9 million (9,000,000) acres in a subdivision for $160k. No way it was close to right. The agent had to do a lot of typing to put in all that land. Another was listed on realtor.com as having 32 acres only to look at the listing site and see it was somewhere around a square 200x200' lot. maybe 1.32 acres. But was called 32 acres. Land that is 50 acres with 3 bedroom 2 bath but no house (call me confused) A house size listed as a ranch with 598 sq feet that says in the description it is around 1450 feet on each level. <no pics> (huh? A ranch has one level)
A house built in 1992 that was around when a retired man was 5 years old with him having a picture of his dads packard in front. (huh? again)
(DISCLAIMER FOLLOWS)
I know not all realtors are doing this. There are some who are very conscientious about getting their listings correct. I have seen a few realtors on here who really seem to know their stuff and try to help people even when no where close to them so no sale is likely to ever happen.
The few realtors who do this are giving all realtors a black eye. It seems that nar does not follow up very well as they list places without checking facts at all. (realtor.com) It is not even about buyers getting upset from bad website listings. It is about realtors trusting other realtors and going to show a place for sale that is not at all what the listing claims it is. The buyer, the realtor, the web sites all get upset by those who put in the completely wrong information.
(questions follow)
How hard is it for a realtor to take a tape measure and measure the house?
How hard is it to look inside and find out it has 2 or 3 or 4 bedrooms?
How hard is it to say the last taxes were $ XXX ?
How hard is it to put in a disclaimer saying the school district is x but may be changed so check back?
How hard is it to realize lot size is not 70' which they put in a different site as 70 acres? I assume they meant road frontage. Nothing else made sense. It had a house on it and 7x10' is not enough for more than an outhouse (single holer)
How hard is it to ask the sellers for more information when it is needed and then try to verify it?
How hard is it to look at the cellar to say it has a concrete foundation instead of listing it as rock incorrectly?
APPARENTLY those things are almost impossible, at least for some agents to do.
All buyers, all selling agents want the same thing. Good, solid, reliable listings with accurate details. Not the wrong details which make life harder on everyone.
Don you said even the "official" information often is incorrect. " I know it happens. So why do realtors not just measure and count? The lot size may be off, but the house size should not be.
Grace said " the local MLS will auto-fill certain aspects of any property listing from County or township records, such as the APN or Assessor's Parcel Number, the square footage of the home and lot, and the age of the property. As a result, some (not all) MLS services do allow us--as Realtors--to insert different square footages or property information into the listing, but will provide a note on the listing that the updated information is "from the owner" or a "representation from the owner,"
That sounds to me like the realtors need to petition their MLS to fix their program. Do not explain about the problem to clients, complain about it to the provider so they fix it. Make the MLS user friendly. Make it accurate, and make it so anything it auto-fills can be changed easily.
Again, people want solid information. I posted some real examples above I have found. One realtor in real life showed me the listing that said 70 acres when it was 70 feet and that was also wrong somehow. Yes, I search by acreage. So that is what I notice most of all. Many realtors forget to even add an acreage listing. I guess that means the houses are floating in the air since they have no land. <sighs>
I think it is because those realtors (making the incorrect inputs) are not thinking about doing their jobs. They just want the listing available. I could show several different properties to make the point. As an example, a house with over 9 million (9,000,000) acres in a subdivision for $160k. No way it was close to right. The agent had to do a lot of typing to put in all that land. Another was listed on realtor.com as having 32 acres only to look at the listing site and see it was somewhere around a square 200x200' lot. maybe 1.32 acres. But was called 32 acres. Land that is 50 acres with 3 bedroom 2 bath but no house (call me confused) A house size listed as a ranch with 598 sq feet that says in the description it is around 1450 feet on each level. <no pics> (huh? A ranch has one level)
A house built in 1992 that was around when a retired man was 5 years old with him having a picture of his dads packard in front. (huh? again)
(DISCLAIMER FOLLOWS)
I know not all realtors are doing this. There are some who are very conscientious about getting their listings correct. I have seen a few realtors on here who really seem to know their stuff and try to help people even when no where close to them so no sale is likely to ever happen.
The few realtors who do this are giving all realtors a black eye. It seems that nar does not follow up very well as they list places without checking facts at all. (realtor.com) It is not even about buyers getting upset from bad website listings. It is about realtors trusting other realtors and going to show a place for sale that is not at all what the listing claims it is. The buyer, the realtor, the web sites all get upset by those who put in the completely wrong information.
(questions follow)
How hard is it for a realtor to take a tape measure and measure the house?
How hard is it to look inside and find out it has 2 or 3 or 4 bedrooms?
How hard is it to say the last taxes were $ XXX ?
How hard is it to put in a disclaimer saying the school district is x but may be changed so check back?
How hard is it to realize lot size is not 70' which they put in a different site as 70 acres? I assume they meant road frontage. Nothing else made sense. It had a house on it and 7x10' is not enough for more than an outhouse (single holer)
How hard is it to ask the sellers for more information when it is needed and then try to verify it?
How hard is it to look at the cellar to say it has a concrete foundation instead of listing it as rock incorrectly?
APPARENTLY those things are almost impossible, at least for some agents to do.
All buyers, all selling agents want the same thing. Good, solid, reliable listings with accurate details. Not the wrong details which make life harder on everyone.
Don you said even the "official" information often is incorrect. " I know it happens. So why do realtors not just measure and count? The lot size may be off, but the house size should not be.
Grace said " the local MLS will auto-fill certain aspects of any property listing from County or township records, such as the APN or Assessor's Parcel Number, the square footage of the home and lot, and the age of the property. As a result, some (not all) MLS services do allow us--as Realtors--to insert different square footages or property information into the listing, but will provide a note on the listing that the updated information is "from the owner" or a "representation from the owner,"
That sounds to me like the realtors need to petition their MLS to fix their program. Do not explain about the problem to clients, complain about it to the provider so they fix it. Make the MLS user friendly. Make it accurate, and make it so anything it auto-fills can be changed easily.
Again, people want solid information. I posted some real examples above I have found. One realtor in real life showed me the listing that said 70 acres when it was 70 feet and that was also wrong somehow. Yes, I search by acreage. So that is what I notice most of all. Many realtors forget to even add an acreage listing. I guess that means the houses are floating in the air since they have no land. <sighs>
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