Lenders will not give you a loan because you will need to pay for an appraisal and a home inspection. When the lender reviews the appraisal and home inspection reports, they will reject this home. Bottom line - the seller / owner cannot sell this home unless they get a cash buyer who doesn't care about the unpermitted space. The seller violated the building code to avoid paying additional taxes on the home. Therefore, the seller owes the county / city $$$ in back taxes.... more
Polybutylene pipes leak because the chemical composition of the material breaks down over time. higher levels of chlorine and treatment chemicals accelerate this process which results in pipes eventually bursting or leaking. some think it's just at 'connection' points but thats not accurate. leaks can happen ANYWHERE in a polybutylene pipe system.
now "PB" pipes when written could also be confused with LEAD pipes since the chemical and elemental symbol for Lead is "Pb" which is also a problem but usually more of a health concern rather than a water damage issue. be sure to read your home inspection report carefully to determine the "PB" type being referred to.... more
A buyer agent should be well experienced with new construction. The easy part is finding a neighborhood and builder. The hard part is negotiating a great deal for the buyer with upgrades and extras. The hardest part is making sure the home is built to specification. Many builders only pay a small amount to buyer agents. There is not much to split. You may find many discount agents willing to split are not that experienced with building, listing new homes or selling new construction from start to finish. You should ask up front what experience they have, what they can do for you and what they may charge... more
What is your question exactly?? You shouldn't pay any attention to what a seller bought a property for. It has zero to do with what its value is today. If you're a serious buyer, then you should hire a Realtor as your Buyer's Agent. He/she can help you find properties that fit your budget and search criteria. They can also create a market analysis for the property to determine "fair market value".... more