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Updated about 9 years ago on . Most recent reply

David Hall's profile image
David Hall's profile image
David Hall
  • Real Estate Agent
  • from Lansing, MI
  • Member since Jan 11, 2016
Connect

User Stats

142
Posts
78
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David Hall's profile image
David Hall's profile image
David Hall
  • Real Estate Agent
  • from Lansing, MI
  • Member since Jan 11, 2016
Connect
David Hall
  • Real Estate Agent
  • Lansing, MI
78
Votes |
142
Posts
Real Estate Deal Analysis & Advice

Renegotiating a Fannie Mae Homepath Deal - Wood Foundation PWF

David Hall
  • Real Estate Agent
  • Lansing, MI
Posted

Greetings!

I have accepted offer on Fannie Mae Homepath deal.  Inspection yesterday discovered some shifting that appears to be a result of the pressurized wood foundation (PWF).  House is 15 years old and these foundations are rumored to last 100 years.

At this point I don't know if I can/should renegotiate with Fannie Mae, or if Fannie Mae refuses to negotiate since although it wasn't disclosed, the house is sold "as is".

Any input or experiences with post inspection negotiations are appreciated! 

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