State construction defects legislative reform has failed so localities do it themselves. Now it's Denver's turn. The goal for developers is to cut down on the number of and frivolous lawsuits. However, this always...
Have a question on something mentioned in sellers disclosure on the contract. In the disclosure section, sellers mentioned that “they are aware of leaks or material defects in the roofs, ceilings or chimney”. In the a...
I want to elaborate on a term I ran across in my real estate dictionary. "Cost to cure - The amount of money it will take to remedy a cause of depreciation. A curable defect is one for which the cost to cure is less t...
Hello everyone,
I read the first 5 pages of results for the search term "home warranty" but didn't find anything that addressed this question.
I am buying a VA foreclosure, and the inspection determined...
Hi there BP friends!We've been working on a 18+ unit project w/ massive delays and issues w/ the GC company. We want to connect w/ a RE attorney who specializes in construction defects and delays in the state of CA. A...
I bought a HUD home to flip awhile back that was foreclosed on a deceased person. My closing from HUD went fine and I was issued a policy. I am now in the process of selling and the new Title Companies underwriters ...
I'm looking at a property in Riverside county CALIFORNIA that is coming up for tax sale. The county guarantees that the successful bidder will get the property free of all encumbrances. My problem is that I know a for...
Scenario:
A buyer puts a property under contract, has a rigorous property inspection and includes a list of defects and requests some repairs be made.
If the buyer and seller are unable to come to an agreement and t...
Ready to close, but found out duplex NYC (staten island) had several HPD violations (12) from August 2013. The seller is motivated and willing to lower the purchase price to get the deal completed quickly. What's th...
I recently bought a sfr in Seattle, closed December 22, 2015. The inspector that charged me $400 for the inspection totally missed a one foot diameter area in the dining room along the garage side wall that when step...