Sale Jovic
01-24-2013, 11:18 PM
We recently placed an offer on REO Fannie Mae property and our offer was accepted (initially price was lowered, and once we increased our offer a bit our offer was accepted).
During home inspection which was already done, we noticed there was multiple light bulbs missing therefore we could not check if only bulbs were missing or if it works at all... about 6-7 bulbs was missing inside/outside.
When inspector checked Basement he noticed that labeling was incorrect (not sure on what he based this conclusion cuz I have not seen him test anything)... but besides that statement, he noticed one 14 gauge wire in 30amp breaker (a HUGE NO NO) which (IF we get the house) we plan to address immediately.
Other wires were proper and had no apparent issues like what I just mentioned.
He did mention in his report that ground should be checked and overall certified electrician should come in and inspect for further evaluation.
All receptacles worked which he tested with little tester with lights; one fan had no light bulb but fan was working Ok. He also mentioned in the report that furnace, water heater, dryer, range and refrigerator should have dedicated circuit breakers... at no point he mentioned whether this was or was not the case inside the house he inspected... almost sounds he used sort of a template to create a report...
What do you think I should do? I plan to ask an electrician to come out and just check out house - not to do inspection, but to sneak peak for like 20-30 minutes... I understand this may not be enough time, but I do not want agent to know I am bringing an electrician but family friend to see the house.
We gave $1000 earnest money which would remain at sellers hand if we gave-up... on another hand, I really do not care about $1000 if electrical work is going to cost me 10-20k USD...
House is in good condition, no foundation issues, no traces of mold, little bit of ghosting due to weak insulation, dishwasher / garbage disposal not working - but all smaller issues are fixable... ONLY thing I am worried about is electrical work...
What do you suggest I do?
Note: Currently mortgage broker is working on a loan application and closing should take place on February 15, 2013... We like the house, but if there are no hidden ticket items that will have 20k price tag :/
Thanks All!
During home inspection which was already done, we noticed there was multiple light bulbs missing therefore we could not check if only bulbs were missing or if it works at all... about 6-7 bulbs was missing inside/outside.
When inspector checked Basement he noticed that labeling was incorrect (not sure on what he based this conclusion cuz I have not seen him test anything)... but besides that statement, he noticed one 14 gauge wire in 30amp breaker (a HUGE NO NO) which (IF we get the house) we plan to address immediately.
Other wires were proper and had no apparent issues like what I just mentioned.
He did mention in his report that ground should be checked and overall certified electrician should come in and inspect for further evaluation.
All receptacles worked which he tested with little tester with lights; one fan had no light bulb but fan was working Ok. He also mentioned in the report that furnace, water heater, dryer, range and refrigerator should have dedicated circuit breakers... at no point he mentioned whether this was or was not the case inside the house he inspected... almost sounds he used sort of a template to create a report...
What do you think I should do? I plan to ask an electrician to come out and just check out house - not to do inspection, but to sneak peak for like 20-30 minutes... I understand this may not be enough time, but I do not want agent to know I am bringing an electrician but family friend to see the house.
We gave $1000 earnest money which would remain at sellers hand if we gave-up... on another hand, I really do not care about $1000 if electrical work is going to cost me 10-20k USD...
House is in good condition, no foundation issues, no traces of mold, little bit of ghosting due to weak insulation, dishwasher / garbage disposal not working - but all smaller issues are fixable... ONLY thing I am worried about is electrical work...
What do you suggest I do?
Note: Currently mortgage broker is working on a loan application and closing should take place on February 15, 2013... We like the house, but if there are no hidden ticket items that will have 20k price tag :/
Thanks All!