If we just closed on a home less than 2 weeks ago, and find out that there's a problem with the furnace is

Asked by Marissa, Dover, OH Tue Feb 19, 2008

there any way that the realitor is responsible? During the closing process our bank required an FHA inspection where the realitor was told the furnace needed fixed prior to closing. He claimed he fixed it, but now we're having more problems.

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Jim Johnson, , 78233
Tue Feb 19, 2008
This is a legal question. You should disregard the other answers and ask an attorney.
2 votes
Christina Ca…, Agent, Washington Township, OH
Tue Mar 4, 2008
Did your Realtor negotiate a Home Warranty for you provided by the seller? If so, that should cover it.

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0 votes
Emerson Wagn…, Agent, Urbana, OH
Mon Mar 3, 2008
A Realtor has no knowledge of a home's condition other than what the seller or seller's agent discloses. Think of a Realtor as kind of like Ebay-matching buyers and sellers, but not selling their own property.
I agree that only a real estate attorney can determine who was responsible for repainring the furnace in this particular transaction.
I always advise my clients to purchase a home owner's warranty to help with these kind of problems. I wish you the best of luck, and I hope this issue gets resolved quickly.
0 votes
Corey Grushin, Agent, East Brunswick, NJ
Tue Feb 19, 2008
Marissa, you need to speak with the bank to find out what was required by them to sign off on the loan in regards to the boiler. If the FHA appraiser who noted the boiler was in need of repair was only required to come back to make sure the boiler was operational only by the bank, you'll have to do some detective work. The appraisal should have a n addendum saying they returned and the boiler was operational, if not they could be liable. Yo are entitled to a copy of the appraisal because you paid for it. If the appraiser didnt come back, they may be liable for the work that needs to be done. If the realtor did the work themselves and they are not qualified to do it , they may be liable.
If a repairman came in to do the work, they should make good on they original repair, but they may have also noted the boiler was in need of repair as well. If this is the case you to know who knew this. Try to find out who did the repair and speak with them.
0 votes
Ronnie Woodr…, Agent, Columbus, OH
Tue Feb 19, 2008

Are you sure the realtor fixed it and not the past home owner? The FHA inspector usually requires a second inspection to determine the work was completed. Did the FHA inspector do that? Your bank shouldn't closed the loan with out this.
0 votes
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