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Updated over 3 years ago, 09/26/2021

User Stats

19
Posts
0
Votes
Farah A.
  • Rental Property Investor
  • Houston, TX
0
Votes |
19
Posts

Offer on House w/ “Repaired” Moisture Damage

Farah A.
  • Rental Property Investor
  • Houston, TX
Posted

Hi all, I have been shopping for a home to live in and house hack in Houston, TX. I found a townhome yesterday that I liked that has no HOA. I got a hold of the Seller's disclosure and learned that the property had some stucco repairs done:

On 6/25/2021, the Stucco Company did a Moisture Inspection Summary that reported back high levels of moisture in the walls, aged sealants, sealant separation, missing flashings, It was highly revommended that “a follow up inspection be done within 12-24 months after all repairs are compelted to ensure that the moisture levels remain within an acceptable level.

On 8/17/2021, they came back did some “core sampling and dry wall removal that revealed several areas of substrate damage and moisture intrusion. Removed and replaced damaged sheathing as needed. No moisture testing was performed at this time.

On 9/9/2022, they came back and did a Visual Inspection. All recommended flashings/metal caps were installed/present and sealants reassed and looking good. It was recommended that “a follow up inspection be done within 12 months after all repairs are completed to ensure that the moisture levels remain within an acceptable level.

On 9/24/2021, twnhome goes on the market. The seller’s agent said they bought a new house closer closer to work.

The stucco company’s work has a 1 year warranty from 9/9/2021. It is 9/26/2021 as I am typing this out.

Any thoughts? Am I walking into a half finished job? I am thinking it might be a red flag that they didn’t do a second moisture test after all the repairs were completed, but I am wondering if an inspection will take care of that.

If I do the inspection, what specific things would I need to make sure are inspected? Should I request a special type of water penetration inspection? (I am new to this, please bare with me)

Also, would you ask the seller for additional guarantees/warranty’s etc.. in an offer?

I would appreciate the input, thank you!