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Updated over 4 years ago,
Inspection found gas leak in the basement.
Hi everyone,
I am in the process of buying my first rental property. Hooray! I have been trying to get one since April but the market is red hot and I had lost close bidding wars up until now.
Our offer was accepted and on Friday, we had the inspection. The only major concern we had was an obvious gas smell concentrated in the basement. I didn't smell it in any of the three units.
We brought this to the attention of the seller's agent and he responded that the seller has no time to deal with this issue and that in the 10 years of owning the property, he never had an issue with gas smell. 😳 so... everyone who attended the showing is lieing?
The seller has agreed o n crediting us at closing. My agent has asked if 1,000 is enough. Im hesitant to respond because I don't fully know the extent of whats going on. I would much rather have a local utility company employee go in and see what is going on and how much it's going to cost before moving forward. Is this okay?