A: If the repair is being made to par with a quality repairman who will warranty the work even if the property exchanges hands; then I dont see much of an issue with it. Be sure to review all permits and have it re-inspected after the repairs. Typically when a repair like this is made its actually an improvement due to the updated quality and standards of building materials.
In retrospect, If the claim is made and not repaired most home insurance companies will not issue a policy on that property. So, the owner is doing the right thing by getting the work done. Due diligence is your friend here. Just followup with the contractors and youll probably get a great property at the right price.
A: So long as all the damage is fixed to your satisfaction or better, then you should be fine. I would ask for the contractors that did the work and find out what exactly they did and how long they warranty their work.
A: It really depends on the extent of the water damage and if the proper repairs will be done by the appropriate professional for this type of work. Another thing to consider is whether the damage is new or long-standing because mold could be an issue.
Bring in your own water damage specialist to assess the damage and repairs to be done. The second opinion may help to ascertain whether you should buy the home or not.
Of course, you dont want to close escrow until all repairs are done and you can verify the were done as promised.
A: If the seller is fixing the leak you should be okay Have a home inspection and check his work and you should be fine.
Sincerely, Leah Augusta, GA
A: It sounds to me like youre getting a home with new plumbing! Great deal!
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