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Selling House: Buyer May Want HVAC & Water Heater

Posted on 6/17/21 at 12:04 pm
Posted by Hou_Lawyer
Houston, TX
Member since Jun 2019
1881 posts
Posted on 6/17/21 at 12:04 pm
I'm selling my house and under contract. Guy is buying the house for his mother and wants to close quick as she's moving from out of town. House is in excellent condition. However, it was built in 2002. HVAC and water heater run like tops, maintenanced regularly, but are original.

Buyer calls the agent and said inspection report scared him with HVAC in particular. He's sending his HVAC guy to come and look. We're sending ours as well.

Question: I'm sure they're going to recommend replacing but it runs perfectly. I've already come down in price on the sale about 7k. Do you tell them to pound sand? Meet in middle?
Posted by DukeSilver
Member since Jan 2014
2723 posts
Posted on 6/17/21 at 12:06 pm to
In this market? He can kick rocks
Posted by Weagle25
THE Football State.
Member since Oct 2011
46193 posts
Posted on 6/17/21 at 12:10 pm to
In this market if he wants you to spackle a hole in the wall you tell him yo kick rocks
Posted by Dawgfanman
Member since Jun 2015
22437 posts
Posted on 6/17/21 at 12:10 pm to
Did he not see the old arse AC when he put in the offer?
Posted by Hou_Lawyer
Houston, TX
Member since Jun 2019
1881 posts
Posted on 6/17/21 at 12:17 pm to
quote:

In this market? He can kick rocks


That was my initial thought. Maintenanced last year and was fine.

Agent is saying AC is different this year and they didn't review it when offered. That's what the option period is for.

Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8526 posts
Posted on 6/17/21 at 12:29 pm to
Offer a $500 home warranty at most. Other than that, if it's functional, I'd tell them to take a walk
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6200 posts
Posted on 6/17/21 at 12:38 pm to
If it's not an immediate safety hazard, he can frick right off in this market.

ETA: I have a 1994 Carrier 58PAV furnace in my rental house that still runs like a champ. Have my HVAC guy service it every Summer. Hopefully get another 5 years out of it at least.
This post was edited on 6/17/21 at 12:41 pm
Posted by LSUTitan
Beaumont TX
Member since Sep 2018
176 posts
Posted on 6/17/21 at 2:17 pm to
Tell the buyer to buy a Home Warranty, covers both!
Posted by C
Houston
Member since Dec 2007
27825 posts
Posted on 6/17/21 at 2:37 pm to
Guarantee they’re going to find a leak on the coils.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5143 posts
Posted on 6/17/21 at 2:55 pm to
Wouldn’t even entertain buying a new ac or water heater Home warranty would be best bet

Also speaking from experience, don’t stop showing the house even though it’s under contract. Show it til the day the papers are signed
Posted by Hou_Lawyer
Houston, TX
Member since Jun 2019
1881 posts
Posted on 6/17/21 at 6:44 pm to
quote:

Tell the buyer to buy a Home Warranty, covers both!



Like this idea.

They even bitched about the dog door.
Posted by brokelikeajoke
Member since Jan 2019
231 posts
Posted on 6/17/21 at 7:12 pm to
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.
Posted by Cool Hand Luke
Member since Oct 2008
1805 posts
Posted on 6/17/21 at 7:20 pm to
You wouldn't replace it for yourself if it was still working, I sure as hell wouldn't replace it for someone else.
Posted by LatinTiger30
New Orleans
Member since Oct 2007
4428 posts
Posted on 6/17/21 at 8:12 pm to
Thats what I'm saying. In this market, I'm selling as is.

You got to be willing to walk my man. You're in control.
Posted by jfw3535
South of Bunkie
Member since Mar 2008
4668 posts
Posted on 6/17/21 at 8:35 pm to
I agree with others - in this market I wouldn't be willing to do much of anything, especially with regards to a functional HVAC. Your broker should make clear to them and their broker that you aren't willing to consider their ridiculous requests and their are other buyers standing by who are willing to step in ASAP.

Bottomline - it's time for them to shite or get off the pot.
Posted by Hopeful Doc
Member since Sep 2010
14965 posts
Posted on 6/17/21 at 10:44 pm to
quote:

Buyer calls the agent and said inspection report scared him with HVAC in particular



Tell them you consider the age of the house and its amenities that stay with it reflected in the price.
Posted by pioneerbasketball
Team Bunchie
Member since Oct 2005
132406 posts
Posted on 6/18/21 at 12:01 am to
quote:

You wouldn't replace it for yourself if it was still working, I sure as hell wouldn't replace it for someone else.

this.
Posted by MSTiger33
Member since Oct 2007
20386 posts
Posted on 6/18/21 at 4:05 am to
We bought our house in November and the HVACs are original. House built in 2001. My inspector said they run fine but are past usefulness date. I didn’t bother raising the issue.
This post was edited on 6/18/21 at 6:07 am
Posted by Dawgfanman
Member since Jun 2015
22437 posts
Posted on 6/18/21 at 5:00 am to
quote:

My inspector said they run fun but are past usefulness date


So he didn’t find the cool air they produced useful?
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119245 posts
Posted on 6/18/21 at 5:57 am to
quote:

Offer a $500 home warranty at most


This. They will request it anyway.
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