Asked by Jan1234, Tampa, FL • Fri Jul 19, 2013
Offered $160K for 1988 wood house on acreage with detached wood 2-story garage & outbuildings listed for $169K. Seller insisted on $165K. She signed yesterday. Did not get a seller's disclosure even though there was another offer that expired 5 days ago.
Had inspection today. House A/C (from 1988) is shot/not cooling properly. Circuit panel will need electrician to fix (wiring). Tie-in to attached garage roof needs repair. 2-story garage has visible subterranean termite damage on the door jamb and raccoon hole and droppings in the ceiling area. Other outbuilding has leaky metal roof and extensive water damage on the walls (they need replacement).
Also, minor issue of microwave listed in contract missing and washer/dryers listed don't appear to work.
Contract states that Buyer accepts physical condition of property and is responsible for any repairs required by the Lender. Agent stated they had an offer (unaccepted) from 6 weeks ago beside the lapsed offer. Help?
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