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Message
re: Selling House: Buyer May Want HVAC & Water Heater
Posted on 6/18/21 at 6:12 am to Dawgfanman
Posted on 6/18/21 at 6:12 am to Dawgfanman
I was told the system uses R22 and that I was going to be SOL once one of the units went out because R22 was unavailable in CT.
I decided not to push the issue with the sellers because houses are being sold in this area sight unseen and I didn't want the sellers to back out of the offer because I complained about a functional (but old) HVAC.
FYI, we had our offer accepted 5 hours after the home was listed. Multiple agents were pissed because they had clients that would have offered more. It is a bit insane up here.
I decided not to push the issue with the sellers because houses are being sold in this area sight unseen and I didn't want the sellers to back out of the offer because I complained about a functional (but old) HVAC.
FYI, we had our offer accepted 5 hours after the home was listed. Multiple agents were pissed because they had clients that would have offered more. It is a bit insane up here.
1
Posted on 6/18/21 at 6:13 am to Hou_Lawyer
Your agent should be handling this. Why are you sending your HVAC guy?
I'm sure the age of HVAC/water heater were disclosed and if running fine you should have no worries. Home inspector will usually put in report "the HVAC near end of useful life" and recommend having HVAC guy come out.
I'm sure the age of HVAC/water heater were disclosed and if running fine you should have no worries. Home inspector will usually put in report "the HVAC near end of useful life" and recommend having HVAC guy come out.
Posted on 6/18/21 at 7:12 am to MSTiger33
quote:
Multiple agents were pissed because they had clients that would have offered more. It is a bit insane up here.
here is your answer. tell this guy to pound sand
Posted on 6/18/21 at 7:21 am to Hou_Lawyer
Tell him you'll replace the hvac and water heater, and then raise the price $20k.
It's called "making the deal".
It's called "making the deal".
Posted on 6/18/21 at 9:17 am to BestBanker
quote:
Tell him you'll replace the hvac and water heater, and then raise the price $20k.
It's called "making the deal".
Like this idea as well. Replace the HVAC for $X but I'm increasing the sale price by $X and you can finance that over the 30 years.
Posted on 6/18/21 at 9:19 am to brokelikeajoke
quote:
they wont close.
Your agent sounds terrible.
I would sit tight and get that HVAC report from their guy, push to have them submit what they want in a revised contract. Then immediately reject it and move on. Don't let them or your agent say another word about it (and wait until the new conditions are sent so you can outright reject, don't let your agent hem and haw).
Then be very frank with your agent to get another offer and a backup offer and no more BS. Even on a 200k house, an expensive 10k ac is 5% of the price.....on a 400k house its 2.5%. Anyone bitching about that is putting down 0.00 and financials will be a mess.
He's putting down 20% in cash and financing the rest. We'll see when the report comes out.
Agent said if the AC is running then usually you'll only fix any parts that require maintenance. Not replace the whole thing.
Posted on 6/18/21 at 9:39 am to Hou_Lawyer
Wait until what the hvac technician says. 2002 doesn’t mean it needs to be replaced.
Posted on 6/18/21 at 9:42 am to Dawgfanman
All the general home inspector is doing is temperature splits. A visual inspection as well as a leak test etc should be performed
Posted on 6/18/21 at 12:57 pm to Hou_Lawyer
quote:
I'm selling my house and under contract.
The contract must have included standard print "subject to homn inspection"?
Since you already came down $7K (which is over half price of a new HVAC) tell him Zillow or Trulia are great options for his mother.
You are in the driver's seat.
Posted on 6/18/21 at 12:59 pm to Hou_Lawyer
You already came down 7 grand. If he wants to renegotiate shite like this, raise the price to match that amount or kick rocks. This is a massive sellers market.
Posted on 6/18/21 at 2:14 pm to Hou_Lawyer
Sellers markets
He can eat a bag of dicks
He can eat a bag of dicks
Posted on 6/18/21 at 2:18 pm to Hou_Lawyer
quote:
I've already come down in price on the sale about 7k.
That makes me think you’re in a not so hot market.
I think you tell the buyer that your $7k decline in price is the allowance for the appliances. You know whether or not the home is a good deal, so you be the judge.
Posted on 6/18/21 at 3:24 pm to Hou_Lawyer
Seriously what do you expect the report to say?
"Unit is 20 years old, near end of service life, recommend replacing now before imminet failure." To they buyers he will say "it may last another couple of years, but if it was me, i would get them to replace it."
Its like going to a whore house and asking if they think you should buy some titays.
Stop negotiating, now. Sellers and buyers often experience fear/uncertainty/doubt and real estate agents on both sides take advantage of this. Its just a business transaction, they are changing the terms and you are not comfortable with it (thus posting on a message board). Just walk (or tell them move on to next phase of closing prep). If you walk now you probably get the 7k from the next buyer.
"Unit is 20 years old, near end of service life, recommend replacing now before imminet failure." To they buyers he will say "it may last another couple of years, but if it was me, i would get them to replace it."
Its like going to a whore house and asking if they think you should buy some titays.
Stop negotiating, now. Sellers and buyers often experience fear/uncertainty/doubt and real estate agents on both sides take advantage of this. Its just a business transaction, they are changing the terms and you are not comfortable with it (thus posting on a message board). Just walk (or tell them move on to next phase of closing prep). If you walk now you probably get the 7k from the next buyer.
This post was edited on 6/18/21 at 3:53 pm
Posted on 6/18/21 at 3:29 pm to Hou_Lawyer
quote:If the market in your area is like most of the country, yes. Maybe offer to pay for 1 year home warranty if you're feeling generous.
Do you tell them to pound sand?
quote:Leverage is in your favor
Guy is buying the house for his mother and wants to close quick as she's moving from out of town
Posted on 6/18/21 at 3:59 pm to Gorilla Ball
quote:
All the general home inspector is doing is temperature splits. A visual inspection as well as a leak test etc should be performed
Given the current market, if I was a seller I wouldn’t give a shite what the inspector found. If I’m under contract with a buyer and the AC is functioning just as it was the day they put in the offer and I disclosed its age and condition properly, there is nothing to discuss. If they don’t want to close, take their earnest money (following whatever provisions are in the contract) and put it back on the market.
Posted on 6/19/21 at 7:45 am to Hou_Lawyer
just sold a house, they asked for $18k in stuff. Most of it ridiculous, roof looked alot worse then I thought it would and needed replacement. I offered them $2k and cash total and they accepted and didnt say anything else.
Posted on 6/19/21 at 8:56 am to Hou_Lawyer
I sold my house a few months ago. The buyer paid for the inspection and they came up with a bunch of small items that would have cost me a few thousand dollars to repair which included some ac work. I ended giving them $500 and told their agent if they didn't like it I had 11 other offers to deal with. That buyer ended up accepting but they refused to be in the same room as us during the closing. I'd tell them to pound sand.
Posted on 6/19/21 at 10:05 am to Hou_Lawyer
In this market I would laugh and tell my agent to take it from pending to back on the market.
Posted on 6/19/21 at 10:30 am to DukeSilver
quote:
In this market? He can kick rocks
THIS
You're in the drivers seat.
This post was edited on 6/19/21 at 10:31 am
Posted on 6/19/21 at 3:15 pm to Hou_Lawyer
He’s bluffing. You can easily sell to someone else. He can just go buy another house for his mom.
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