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10 February 2015 | 39 replies
The Seller further warrants that there are no material or other known defects or facts regarding this property which would adversely affect the value or the utility of subject property.DEFAULT: If Buyer or Seller fails to perform any covenant of this contract, the defaulting party will pay the other party$500.00 as consideration for the execution of this contract and as agreed liquidated damages in full settlement of any claims.PRORATIONS:Real property taxes will be prorated based on the current year's tax without allowance for discounts.
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29 June 2023 | 6 replies
these all might have different approaches, for example I'm a fan of pre listing inspections to get a leg up on repairs, but keep in mind the things the inspector find are different from what an appraiser will look for (and the appraiser is the one who ultimately determines the value), and nobody will should expect a home to be free from the defects an inspector will find.
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29 June 2023 | 2 replies
The question that it would bring up to me is the seller aware of disclosure laws in the state because I suspect in most states a seller is required to disclose known defects they can't simple state "as-is" like when selling a car and not tell the buyer material defects with the property.
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22 June 2023 | 3 replies
If so, call them and let them know the work was defective and you want to file a claim against their insurance.
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27 June 2022 | 5 replies
This is important because knowing if the market is likely to stay flat, drop, or increase in price is valuable information.Next step is to ensure this specific property does not have any major resale defects.
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27 June 2023 | 9 replies
In one case you believe there may be a manufacturer's defect which immediately mitigates any potential tenant liability.
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10 February 2019 | 91 replies
Overall though, the kitchen LOOKS better but closer inspection reveals a lot of defects.
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6 November 2022 | 32 replies
The biggest issue we've had is one lock said it was 90% and went dead on us during a guest stay, so we had to replace that lock because it was defective.
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13 July 2023 | 0 replies
Hello BP family,I'm in contract for a home built in 2021, upon the home inspection it was found that about 1/4 of the roof has these defected shingles that have a line/minimal crack through them.
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13 July 2023 | 0 replies
Hello BP family,I'm in contract for a home built in 2021, upon the home inspection it was found that about 1/4 of the roof has these defected shingles that have a line/minimal crack through them.