Air conditioner stolen(!) after offer

[Erin Stephens]

Hello!

Dealing with an odd situation and would love some input. I had an offer accepted on a townhouse in good condition that I hope to use as a rental. All systems were present and accounted for on initial walk-through and in listing pictures.

Fast-forward to the home inspection, and someone has stolen the outside air-conditioning unit! I didn't even know that was a thing until now. Wires are cut, and you can see the drag-marks from where they pulled it to the alley and I assume drove away with it. 

Has this happened to anyone else? I am hoping the seller's homeowners insurance will cover replacement, as I would not have offered the same amount without functioning HVAC. Do you think it likely their insurance will replace it? Any advice if they won't?

Thanks for any help/thoughts.

-Erin

[Account Closed]

Yup - happens all the time.

When you go to replace the unit, you more than likely will also have to replace (the heat pump I believe) in the furnace as well.  New air conditioning units don't use freon as they used to so the upgrade to the furnace is required to run with the new version of coolant.

I would offer a $3,500 discount on the price as a concession.