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9 February 2024 | 13 replies
yes, we pay as soon as we get the invoice....hard to know if we are getting scammed on pricing though...for example just had 2 bath sink faucets installed with under counter shut off valves, and replaced a defective smoke detector...charge was $433, of which $48 was parts (not including the faucets....)
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8 February 2024 | 10 replies
Have important defects been hidden (rather than repaired) by the rehab work?
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8 February 2024 | 7 replies
@Shane Alexander even if selling as-is, seller and listing agent are required to disclose any known material defects, at least in the states where I have purchased property.
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6 February 2024 | 4 replies
If the attorney is offering to issue a title policy post purchase ask for a pro forma commitment before bidding so you can see what exceptions to title will be taken so you'll have some idea of what defects in title will not be covered by the policy.
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5 February 2024 | 5 replies
This can restrict investment opportunities for those relying on external financing.Risk of Unknown Property Condition: Since HUD properties are sold in "as-is" condition, buyers may encounter unforeseen issues or defects that were not apparent during the initial inspection.
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31 August 2016 | 13 replies
An old roof that may need to be replaced Ina couple years is not a defect.
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11 September 2016 | 3 replies
There are various reasons the project may not qualify for financing: owner occupancy percentage, one individual owns more than 10% of the units, the community is involved in some sort of litigation (usually construction defect), or the HOA finances are bad (underfunded reserves).
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30 November 2016 | 10 replies
She was recently laid off from her job but cannot go back to work because they have a 7 month old baby who needs more medical attention than most babies due to a birth defect.
14 September 2016 | 7 replies
AZ has some very stringent construction defect suits and is the hardest state to procure GL for a GC.So you are taking an extremely high risk by working with uninsured contractors.
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24 September 2016 | 5 replies
It's not just about seeing pictures of defects, it's seeing more pictures of the property.