All Forum Posts by: Mohan P.

I have consulted an Attorney in St. Pete,FL. As much as it stings, Attorney was kind to share on how to proceed too. He asked me to reachout to Tenant to state that they will receive their full security deposit, but for the damages they left behind, I can try to negotiate a portion to cover the damages. If Tenant doesn't budge, then file a Law suit.

Hi, I received a legal notice from my former tenant stating that I need to return full refund of their deposit. The property is in FL and is a Long Term Rental. I sent them "Security Deposit Refund and Itemized Deductions" that explained how the Security Deposit was used to fix items and the remaining balance to be claimed to his EMAIL ID. Never heard back from him until Today from his Attorney. Their claim is that since I haven't sent that through Written Notice by a certified mail, that I am not eligible to put any claim. Did anybody else deal with this situation? Kindly advise.

thanks for your feedback @Lydia S. I was able to close on the property recently after the repairs were done. 

just to bump this. I was able to convey this. Supposed to close today. Realtor is yet to get back with an answer. given its already half day gone, its likely I wont be closing Today :). I will update this thread with my updates.

thats great advise. Thanks

thanks for your reply. Seller Realtor is double siding this deal. So, I have trust issues with what he says :( .

Hi Gurus,

I have a First Floor Condo under contract and we were supposed to close on 9/3. Because of a Leak from third Floor Shower Leak, a ceiling leak developed on this property under contract. Water was leaking and Foyer light Dome was full of water and leaking from there as well. because of excessive water drips, dry wall near the floor was also damaged.

I went under contract for this property with an escalation clause as this was in great condition and paying 3% over what I had initially put in before the counter. Now that I am inheriting a problem that I have no control (3rd Floor Plumbing Issue) and potential electric issues, future mold issues etc.,., I am thinking about renegotiating the price and push the close to after Seller gets to settle the issue with the 3rd Floor Owner/HOA. I dont want cut both Seller and Realtor loose and pick up the additional overhead in dealing with HOA/3rd Floor Owner.

Please advise.

Thanks

Mohan

Hi,

I am under contract for a Condo that is built in 2000 and it has Original AC still running. I see the inside unit has some rust but otherwise the AC unit still is operational.

Should I go back and ask for some sort of credit assuming the failure of the unit very soon or do I have any otherway to protect my investment?

TIA

Thanks for your reply. I will Ask my Realtor about "contingencies for rehab problems" 

Hi,

I am shopping around for  Townhome in Tampa, FL. I found a Townhome that is 20 years old and in a good community. 

It has gone through a couple of contracts already and fell through for various reason claimed by Sellers Realtor but not related to Inspection. Both previous buyers have done Home Inspection, found that the roof was replaced in 2018 and AC units were replaced in the same year. My Concern is there is clear proof that the first floor ceiling had a 4 x6 ft repair as Seller claims is from AC Blower replacement causing issues.

The last Home inspection cleared the Townhome had no moisture in a couple of places where previous inspector suggested wet spots because of poor job (ethernet cable from exterior to a bedroom) and HOA related issue.

This townhome also has various sink rust related leaks and caulk based fixes. 

Should I simply not get into this property or allocate enough (8 to 10%) maintenance and keep up with it? Please suggest.

TIA