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Updated almost 8 years ago on . Most recent reply
Renegotiating after home inspection
I am under contract for a small 750sq ft condo. The only issue was that the AC was about 10 years old, and the temperature differential was 15 degrees. I guess this isn't the worst thing in the world, but the inspector said the AC would probably need to be replaced in the next couple of years, and from what i read, this temp differential is satisfactory but so close to being unsatisfactory. I read a few things that said HVAC pros like the differntial to be between 18-20. I live in florida, so aside from the cost of replacing the unit down the line, it may take a long time to cool the place down. It is only 750sq t though so this might not be a problem.
I would like to ask for a discount but I also want to be fair. The asking price for the house was $84k and we settled on 83k. Would it be fair to ask for a discount because of this AC? This is my first home purchase and a price tag of 4000 or so for a new AC is frightening.
Most Popular Reply
Right now the AC is functioning normally. You can only speculate as to how much life it has remaining. It might be a month or it could be 5 years. Should you ask for a discount because the appliances will eventually need replacement? How about the water heater? That floor covering will eventually need to be replaced. You are buying a used condo and the price probably reflects that. Do you buy a used car and ask for a discount because the engine will eventually wear out? I don't mean to take this out on you, Chris, but I hate the practice of using a inspection report as a tool to drive the already agreed on price down. After all of that is said, I don't believe you are justified in asking for a discount when the unit is functioning normally.