Price Reduction and Concessions Made

Well, I got the house. Told them also about permits for electrical, retaining wall etc, etc. Made couple of changes to the contract. The sellers did not contest any of your findings. Knocked $10,000 off the price in the end and I’m fine with that.

As an aside, and giving them the benefit of the doubt, sellers said they trusted that the roofing job meant everything got replaced up there, including “the rotten 3/8” plywood underneath”. Shows you how much the average homeowner, including myself, know about roofs (and your average homeowner would never go up to the attic, also). Sears people apparently went up the roof and came back down, and that was it. Had the sellers known about the mold/rotting/unsafe plywood then, they would’ve taken the opportunity to fix it. Their agent said they want to take this up with Sears, but now reading through the roofing contract and the “warranty exclusions & recommendations”, I think there’s no hope – it’s written in such a way that Sears basically is not responsible for anything once they leave your property.

At least now I can relax; your inspection means I’m going in with my eyes wide open. It’s money well spent and the next person who tells me I could have gotten somebody much cheaper to do the inspection, shall receive a punch in the face. People often say: “I know somebody who can do it cheaper” we don’t say as often: “I know somebody who can do it better”. Quality often takes a backseat to money saved.

I’m satisfied that the sellers agreed to the price reduction and made concessions in other areas too.

Thanks,
Karen