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Updated about 9 years ago, 12/21/2015

User Stats

30
Posts
12
Votes
Ramon Smothers
  • Investor
  • Houston, TX
12
Votes |
30
Posts

Leaky Pipes...Deal breaker or no?

Ramon Smothers
  • Investor
  • Houston, TX
Posted

So I'm currently in escrow with closing set for two weeks away...I had the property inspected about a week ago and am now out of option period. The inspector did point out some evidence of water damage on the ceiling and stated it might be from the upstairs bathroom...it tested negative for moisture but probably bc the unit was vacant at the time. We also noticed repair work on the ceiling hinting that it may have been previously repaired and he stated that it probably was remedied. 

Ok so fast forward to now...the unit is now leased as the current owner recently leased it. We received the new tenants move-in checklist from his agent and it states that water leaks from the ceiling when the tub is ran in the upstairs bathroom. Of course this is now a problem as closing day quickly approaches. My question is, has anyone ever dealt with a similar situation? My option is looking like hoping that the current owner fixes this tenants complaint within 7 days as it states he has to on the lease or just walking away from the deal. This problem will become my problem once we close. 

P.S. I'm in Houston, TX and if anyone knows of a good plumber...send him my way. I may need one lol. 

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