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Boostingaz

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May 21, 2018
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3,703
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Indiana
We are out of the contract but it took consulting with two attorneys and ultimately giving up my EM (6k). Among other issues, there was a bit of misrepresentation of the facts of the property. We placed an offer based on the MLS and it contained errors. There was also a material fact change, the house was damaged between our offer and flying there for the inspection. Was what happened right, hell no, even the attorney said what they were doing was completely unbelievable, but in my eyes this was faster and more efficient than an out of town court battle. I've got better things to do.......
 

rharman

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Apr 22, 2012
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8,925
Location
SoCal
Sorry to hear. That totally bites - especially the damage part. I assume the MLS has boilerplate disclaimers about not being responsible for errors & omissions but you'd think that physical damage to the property should be grounds for breaking the deal.

No contingency on passing a physical inspection?
 
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Boostingaz

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May 21, 2018
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Indiana
Realtor forgot/didn't add that or any contingent inspection based language into the contract. So we partially got shafted from our own side.

According to local law there you have to give the seller the opportunity to repair. They can deny or fail to satisfactorily make repairs and then you can back out, but you can't just back out without them having the chance to repair. We didn't want to take that gamble as there were lots of things that were unacceptable to us. I'd rather chalk it up to a hard lesson learned than get stuck buying a house we ultimately didn't want.

Real estate law is very different between states and I got caught with my pants down assuming we had all the same buyers rights as we are accustomed to here. It's hard trying to shop for and buy a house from 1,800 miles away.

Any offer we place from now on will have contingency language for both a visual inspection and a formal inspection giving us an out for if we just don't like the layout etc or if issues are located.
 

rharman

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Apr 22, 2012
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8,925
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SoCal
I had thought of, and can understand, them having the right to correct the situation without penalty.

Still a sucky situation.

Gallows humor follows.... $6k could have bought you a couple of new Snap-On screwdrivers. :(
 

bugnut

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Jul 14, 2012
Messages
4,013
Location
Central Ohio
Sorry to learn of losing money, it always *****! I was taught, if you want to give yourself an out, add language that the transaction must be approved by your lawyer or accountant, this leaves the door a little further open. YMMV
 
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Boostingaz

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May 21, 2018
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3,703
Location
Indiana
I am so grateful to be an Arizona Native, really can’t imagine living anywhere else. Not saying elsewhere is bad, I just love the Grand Canyon State!

I know.

We got the inspection results and I called and told my realtor based on the inspection results please reject the property, and he said you can't........ah wait what?! Yes I can, the BINSR allows for rejection and cancellation. What's a BINSR we don't have that here. Wait what?!

That was a big shocker.
 

fouckhest

Well-known member
Joined
Jul 24, 2013
Messages
1,872
Location
Greer, SC
Real estate law is very different between states and I got caught with my pants down assuming we had all the same buyers rights as we are accustomed to here. It's hard trying to shop for and buy a house from 1,800 miles away.

That is wild, I've only been on the other side of that, in SC, where buyer can back out if they have any reason to, not repair/remediation....hate that for you, but like you said, better than being in a house you dont want
 
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gsmith22

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Joined
Jul 14, 2015
Messages
337
Location
Central NJ
There was mold in the house, house tested positive for Radon and the well tested positive for Coliform. They still wouldn't just let us out. I've got 4 small children, I wasn't having any part of that.
Not judging your decision, but I would just point out that radon is typically not a positive/negative thing but rather its everywhere and just depends on the level. Its pretty much in all homes with a basement in the northern and eastern US and easy to lower the level with sub-slab fan systems. obviously not free but tyically a few thousand dollars to remedy. Coliform in wells is also commonly misdiagnosed and very dependent on how a sample is taken. Shallow or deep well? shallow and coliform is possible and typically dealt with by chlorinating well water (still consider sampling method). Deep well and it almost ceritanly an error in sampling (although could indicate a well casing crack). Mold is certainly a problem to be dealt with and no indication of how bad. I guess all I am pointing out is all things are fixable just depends on what they would cost, how much you really love the property, and seller's willingness to disclose/compromise on price. Super frustrating to find this all out just prior to closing though with no recourse other than to back out. Sorry to hear about all this.
 
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Boostingaz

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May 21, 2018
Messages
3,703
Location
Indiana
Not judging your decision, but I would just point out that radon is typically not a positive/negative thing but rather its everywhere and just depends on the level. Its pretty much in all homes with a basement in the northern and eastern US and easy to lower the level with sub-slab fan systems. obviously not free but tyically a few thousand dollars to remedy. Coliform in wells is also commonly misdiagnosed and very dependent on how a sample is taken. Shallow or deep well? shallow and coliform is possible and typically dealt with by chlorinating well water (still consider sampling method). Deep well and it almost ceritanly an error in sampling (although could indicate a well casing crack). Mold is certainly a problem to be dealt with and no indication of how bad. I guess all I am pointing out is all things are fixable just depends on what they would cost, how much you really love the property, and seller's willingness to disclose/compromise on price. Super frustrating to find this all out just prior to closing though with no recourse other than to back out. Sorry to hear about all this.

Correct. Radon testing comes back as a number. Anything above 4 is unsafe per the EPA and puts you at a higher risk for lung cancer. I'm already immunocompromised so I don't like the "chances" of higher risk. Shallow well, like we are talking real shallow. Property next door had horses and a close pond that the horses had access to, so I'm guessing part of the culprit was feces 🤷 or pond water. Idk I'm not a scientist.

These were not the only reasons we bailed. Remember I've got 4 little kids. Lots of electrical issues. Double tapped breakers, undersized wires on larger breaker, open splices, abandoned hot wires not properly terminated, splices not in boxes, almost all the GFIs were not functional, the barn was using electrical cords with the heads cut off as part or the wiring (cheaper then Romex right!) The property would have needed 3 new panels along with all the other fixes. Floor joist had been improperly cut to run plumbing through the basement and keep it above beams. There were 10" floor joist that were completely notched from the top side and only had 2-1/2- 3" left under a 4" drain pipe. Evidence of seepage through the poured basement walls. Water stains over a foot high, so the basement was full full at one point. Likely sump pump failure.


I can't even type it all........
 
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gearhead1960

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Mar 21, 2019
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1,864
Location
Manassas, VA, a small blot in history
Sad to hear of your difficulties purchasing a place. I hope your realtor was not a close friend or acquintance. The fact is, ignorance of the law is no excuse no matter where you are. While ultimately it is you who must understand the law where ever you choose to live, your realtor did you a disservice by not questioning you about your understanding of local practices and laws. IMO that is poor customer service and would be grounds for parting ways with the realtor.
 
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Boostingaz

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May 21, 2018
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3,703
Location
Indiana
Sad to hear of your difficulties purchasing a place. I hope your realtor was not a close friend or acquintance. The fact is, ignorance of the law is no excuse no matter where you are. While ultimately it is you who must understand the law where ever you choose to live, your realtor did you a disservice by not questioning you about your understanding of local practices and laws. IMO that is poor customer service and would be grounds for parting ways with the realtor.

Oh I agree. I take responsibility and am not saying I have absolutely no part in the negative outcome....however....if I was a realtor working with an out of state buyer I would have definitely laid down some ground rules etc. even just for my own CYA.

Realtor is a buddy that I graduated high school with so we have known each other a good while. I think that factored in a bit as well as it seemed a little im working with you not for you type of situation.

All in all mistakes were made by all parties. Fool me once shame in you......

After speaking with the attorneys I am definitely much more prepared for next time. Some times the best way we learn and grow are through our mistakes.
 
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Boostingaz

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May 21, 2018
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3,703
Location
Indiana
I approve of your daughter's choice of B-day treat! 🤤 That is a lot of citrus!

We ordered enough for the number of invites that went out as people aren't the best at RSVPs haha. Needless to say we had lots of extras. I was on sugar overload the next few days lol.

Holy cow I didn't know Covid hit the donut industry so hard 🙄🙄. $40 / dozen 😲
 

plain2car

Well-known member
Joined
Nov 27, 2008
Messages
514
Location
Gilbert, Arizona
boost, really sad about the house situation... it makes me just irrate 🤬 that the end user... (us normal folks) have to pay for others "business transactions/decisions". I agree that what you did was for the best and easiest for your family. NOW!! as far as the donuts go!! I THINK that you could have maybe posted a quick note on here for us local guys and we could have helped out with donut deletion project!!🍩. hopefully not "too soon" but, ......... when life gives you lemons.. well then you make........ (I hope that isn't too soon!) I wish you better luck with the future house/property shopping.... thank you for the sharing. 🙏 :thumbup:
 
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Boostingaz

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May 21, 2018
Messages
3,703
Location
Indiana
boost, really sad about the house situation... it makes me just irrate 🤬 that the end user... (us normal folks) have to pay for others "business transactions/decisions". I agree that what you did was for the best and easiest for your family. NOW!! as far as the donuts go!! I THINK that you could have maybe posted a quick note on here for us local guys and we could have helped out with donut deletion project!!🍩. hopefully not "too soon" but, ......... when life gives you lemons.. well then you make........ (I hope that isn't too soon!) I wish you better luck with the future house/property shopping.... thank you for the sharing. 🙏 :thumbup:

Thanks for following! I haven't had as many shop or property updates/projects lately as I usually enjoy but life kind of got in the way there 🤣.

Life gave me some lemons for sure but now I've got lemonade in the freezer! Maybe I need to turn some into limoncello for the extra news days!

Next time I have an over abundance of donuts.....shop party!
 
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Boostingaz

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May 21, 2018
Messages
3,703
Location
Indiana
Boost,

For your future house choices, when I was a RE broker for 10 years almost every home with a shallow dug surface well tested positive for coliform and a large percentage for E. Coli.

Howdy! Yeah I know we could "bomb" it, but it was just icing on a larger cake if you know what I mean haha.

We have had wells in AZ test positive for arsenic.
 
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Boostingaz

Well-known member
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May 21, 2018
Messages
3,703
Location
Indiana
^^^^^^^^^^^^^^^^
Must be why we’re so tough! That and the “Dry Heat” definitely makes ya tougher!

I was talking to my uncle who's back in the Midwest. He sent me a screenshot of his weather app and it said -2 but feels like -24 with the wind-chill.

I told him don't worry it's a "dry cold" you'll be ok 🤣
 

Swanny1953

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Joined
Jul 28, 2010
Messages
1,082
Location
Lucas, TX
Global warming, right!!! We had 3 days where it didn't get above freezing, much less above 25!! Pretty unusual for TX! Global warming, you say. . . . . . .
 
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