- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Found asbestos on ceiling and I am closing on house in 2 days
Posted on 5/19/14 at 1:02 pm
Posted on 5/19/14 at 1:02 pm
This is a fsbo and the purchase agreement states that an inspection shall be completed within 15 days after agreement signing. Well that window has passed although I did do a general house inspection.
Well the house has popcorn ceiling and I wanted to renovate the house prior to moving in. Tested it out of caution for asbestos although their disclosure statement said "not known" for asbestos in home. Anyway, now I'm faced with a home that is now devalued slightly (now that I have knowledge of it and will have to disclose if I ever try and sell) or I am $9000 in the hole to remove it
What recourse with the sellers do I have? I am outside of the stated inspection period but I do still have the final walk through opportunity. Is that my final out that I can use to negotiate? I am considering just asking for us to split it 50-50
Eta: the final walk through states that I have to agree that condition of the house is still the same or better at the time of walk through. Seems pretty open ended as to my interpretation of condition and it does state "re-inspect"
Well the house has popcorn ceiling and I wanted to renovate the house prior to moving in. Tested it out of caution for asbestos although their disclosure statement said "not known" for asbestos in home. Anyway, now I'm faced with a home that is now devalued slightly (now that I have knowledge of it and will have to disclose if I ever try and sell) or I am $9000 in the hole to remove it
What recourse with the sellers do I have? I am outside of the stated inspection period but I do still have the final walk through opportunity. Is that my final out that I can use to negotiate? I am considering just asking for us to split it 50-50
Eta: the final walk through states that I have to agree that condition of the house is still the same or better at the time of walk through. Seems pretty open ended as to my interpretation of condition and it does state "re-inspect"
This post was edited on 5/19/14 at 2:02 pm
7
Posted on 5/19/14 at 1:05 pm to TulaneUVA
if it is not brittle just leave it alone
Posted on 5/19/14 at 1:18 pm to TulaneUVA
quote:
What recourse with the sellers do I have? I am outside of the stated inspection period but I do still have the final walk through opportunity. Is that my final out that I can use to negotiate? I am considering just asking for us to split it 50-50
how much was your earnest money?
Posted on 5/19/14 at 1:28 pm to TulaneUVA
Ask the attorney that is handling your closing for his advice. He may even be able to help negotiate an agreement for you.
This post was edited on 5/19/14 at 1:29 pm
Posted on 5/19/14 at 1:44 pm to TulaneUVA
Sounds like you missed your window of opportunity to contest anything during inspection period.
Posted on 5/19/14 at 3:44 pm to TulaneUVA
you lender will not lend money on a house with asbestos major liablilty to them. i would use that as the reason they should pay for the removal. you missed your grace period but i find it hard to believe they didnt know they had asbestos.
Posted on 5/19/14 at 4:10 pm to TulaneUVA
quote:
Well that window has passed although I did do a general house inspection.
Did your home inspector not see any evidence of asbestos?
Posted on 5/21/14 at 5:01 pm to TulaneUVA
Bump
Tulane, did you walk?
Tulane, did you walk?
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News