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Buying home, fireplace inspection questions
Comments (3)Go to a stove and fireplace shop near you. If all you need is replacement chimney pipe, I do believe just about any brand would work. You may have to replace the entire chimney pipe because of the brand difference, but we're not talking much more than a couple hundred bucks and a half day's work for the installer. He'll disconnect it from the fireplace, pull the whole chimney pipe out through the top, and reinstall the new pipe. Or maybe he can just install a liner instead. OR.... You can install a woodburning insert into the fireplace. It'll give off more heat with less wood. Because to be honest, a fireplace is a heat loser. They have a "negative efficiency" which means when you use it, the heat from your home goes up the chimney. Whereas an insert could also mean you can shut off your furnace if you want. We live in Vermont. It can get cold, sometimes going to minus 40 a couple times each winter. We have a woodstove, not an insert, but we use it as our main heat source. A cord of wood is averaging $175, and we go through about 3 cords per year. So for $525, about the cost of one tank of oil, we heat the house for the winter. In our last house in PA, we installed an insert in our zero clearance fireplace and literally shut off the electric heat. Each time the woodstove paid for itself within one year in oil or electric bill savings....See MoreHome Inspection Question
Comments (61)berniek: "Some people just don't understand, it's not done or needed in most real estate transactions." Its not needed only IF a person does not wish to protect their interests in the best way possible...I can also see how a trusting buyer may actually belive that if another "interested party" continually tries to convince them of such...which may account for why some folks don't do all they can to look out for their interests in such matters... berniek: "and the attorney does not disclose to his client any known previous defects, that would be another reason for me not to use an attorney. LOL! Yes indeed...lets dump attorney client privilege just so an attorney can divulge privileged info that may or may not even be valid..." Surely you jest? As I said before.....defects that existed may have been repaired...new defects may have materialized...defects may exist that were not noticed by the previous HI... Bottom line...the only way for ANY agent and/or attorney to best protect their client's interests in this respect, is to advise them to have a THROUGH home inspection performed...educate themselves enough about the process in order that they can advise them against bogus testing procedures...and get their client to understand that what matters is the house as it is NOW...not as it may have been a month ago...3 months ago, etc. As far as hidden or latent defects are concerned...the only entity who will know of them..if at all...is the seller. So all this "quest for disclosure" on the part of an agent should be really directed at getting the seller to do their part...and not in using an outdated and therefore now irrelevant HI report in the guise of "informing" future buyers. This is hardly rocket science.but I guess for some, it is (shaking head)....See MoreAfter Home Inspection questions
Comments (22)The inspector said he can not quote costs. I called several HVAC shops and was quoted between $5-8k. I even called the current gas supplier (the owner of the conversion burner) and they quoted the same. We went back at the sellers with a need for the termites treated, rotten window replaced (small basement window--probably $30), and asked if they could help with the heating. We were very kind and not pushy in our request. What we got back was: the window replaced and a 1 year home warranty. That's it. What is really ticking me off is we are giving them concession after concession (in terms of dates and time lines), and they are giving back nothing. They are forcing us to give our final answer even before the radon test come back. Tomorrow is basically D-day where it sinks or swims. Luckily for them we really want the house and are probably going to eat all of it. I hardly think that I am asking for a new house, BTW. The asking price was pretty high and we offered that exact price because we wanted the house. Again...giving them everything they ask for....See MoreHome Inspections & Renting Back Questions
Comments (10)Don't forget to change your homeowners insurance policy over to a renters policy after your closing. The new owner will need her OWN insurance (you can't have insurance on a house you don't own), and the house will be covered. Your status will be "tenant at sufferance" or something--you're there bcs the owner is allowing it. Sort of as if you are her house-sitting cousin, or something. So you may not be able to get "renter's insurance" (though you should if you can, to protect your own belongings--it's not expensive--$30 a month or something). Lots of people do rent back or overstay w/ no problem. We did--not a month, but a few days. It really helped the sellers and was not inconvenient for us at all. In your case, it sounds like a win/win--she'd like you to stay, covering the expenses, and YOU would like to stay. Just decide what would be fair, in terms of potential damage, and stuff, and make arrangements. I agree w/ the idea of getting a lawyer to make sure the wording is clear, etc., if you can. Our sellers put some money in an escrow account to be tapped if there was damage at the move-out. I think we asked for $200 to help mitigate the cost of redoing the floor when we saw scratches after they moved. (It was the stupidest thing I've ever done--unknowingly, of course. The new refinish job was crummy, and the floor have been a nightmare ever since. We should have left them and put a rug over the scratches.) And of course, some money changes hands, either in payments, or in an adjustment to the sale price, so that you will be covering all or most of her homeowner expenses during that month. Our sellers covered our expenses are OUR rates (higher mortgage payments, maybe even higher percentage) instead of theirs--that's an issue to discuss. Will you cover a month's worth of her insurance? mortage, utilities? I do like the idea of a joint walk-through w/ video camera, to document the condition of the home. One thing that made us very comfortable w/ the rent-back situation is that (it was FSBO) both parties had been very easy to work with. Polite, considerate, trying very hard to be fair. So when they asked to extend, we have every motivation to do so, and every evidence that they were reasonable, sane people. of course they could have been fooling us, etc., but we had as much evidence as anyone can have....See MoreRelated Professionals
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