House Purchase but could be issues?

one of the most important components in a purchase contract

is 'BUYER IS ...........WITH THE HOME. The choices

are satisfied or Unsatisfied with the inspection. IN this case,

you are UNsatisfied. You get any deposits back but not any

fees paid for inspection.......and you find a better condition home.

check with your county to see if has any tax delinquent foreclosure

properties for sale.........at 25% of market value!

Sounds like your inspector was trying to sell you a winterizing system. Unless you live in an area like Colorado, Maine, or some other place that stays cold the majority of the year...here is newsflash...winterizing is NOT necessary everywhere. Even in places that has a good winter and it snows frequently.

If you are going to flip out over ONE leak..then you need to stop looking at foreclosures and focus on new construction.

I'm not being sarcastic...I'm being serious.

PS: I don't know where Kemperk works in Real estate, but if you tried to hand a seller or listing agent an offer that left it up to the "buyer's satisfaction"...which legally means that they can turn the contract down over a scratch on the wall...sellers and listing agents would promptly toss your contract into the CIRCULAR FILE aka TRASH CAN.

You list a DOLLAR AMOUNT of repairs that would allow you to walk away with no negotiation. If it's under that figure, then the buyer's agent gives the seller a punch list of line by line items that the buyer wants fixed.

THAT IS how you negotiate a contract. No listing agent is going to give a buyer, or recommend the seller give the buyer, a get out of jail free card.

That is what Kemperk is suggesting.

Get a plumber out there to assess the situation. See what his professional opinion is, and how much it would be to fix.

When I bought my house, it had been winterized and vacant close to a year..I had nagging leaks too. And, the seal on the toilet had gone, because it can dry out if the water is turned off too long.

Had the seller pay for all the repairs and haven't had an issue since.

Get a plumber! They should give you a free estimate or one at a nominal fee if you really like this place.

Your concerns are valid. If you don't think the house is priced appropriately for these risks, walk away, or offer a much lower price where it is priced appropriately. And your agent should be telling you this (Double check to see if the real estate agent is working for you, a buyer's agent, or for the seller, a seller's agent)

Get an Agent that supports your decisions and doesn't muscle or coerce you in anyway!

i could require them to be put in. Our coverage is: we build quickly simply by fact the blueprints coach the abode. no longer the brochure handouts, etc. If that is shown on the blueprints, it will be geared up (or no longer). We additionally require a predrywall inspection for in simple terms this reason. this type you may have time-honored there grew to become right into a topic. i could require the builder to do it the kind you agreed to purchase or no longer settle.