We just had a well-known realtor in BCS allow their sellers to lie about water intrusion into a house. We found out right before the option period ended (because the seller had posted about the flooding on Facebook earlier this year).
Why are some agents like this?
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Last: 4 yr ago by TombstoneTex
After we bought our house (in BCS), we had AC problems within like 3 months of closing. Part of the contract was having certain issues with the AC looked at and fixed (there was a leak and some issues with the inside unit and the thermostat wiring).
Apparently I called the same company the sellers had used. When I gave the address, the guy goes "I dont even have to come out, I can just tell you what was wrong with it 3 months ago that we suggested be fixed. The previous owners asked that we blow out the line. They said that should get them through closing".
Needless to say, they ended up paying for around 1k in AC repairs for us. Apparently their realtor "didnt know" and said they told her they had the AC fixed prior to close.
Apparently I called the same company the sellers had used. When I gave the address, the guy goes "I dont even have to come out, I can just tell you what was wrong with it 3 months ago that we suggested be fixed. The previous owners asked that we blow out the line. They said that should get them through closing".
Needless to say, they ended up paying for around 1k in AC repairs for us. Apparently their realtor "didnt know" and said they told her they had the AC fixed prior to close.
Ouch! Did you guys terminate? Did the realtor own up to their lie?
Terminated and made the sellers pay for our inspections. Never heard what the agent's response was. Sellers played dumb and said they thought they disclosed it by saying that water stands next to the house during heavy rains (literally no mention of it getting into the house).
Sea Speed said:
How the hell does an inspector go around breaking stuff?!?! I've not been to a whole lot of home inspections, but I didn't see the inspectors I have gone around with do anything that would break something, let a lone several things.
The same way I had an engineer's assistant end up putting a leg through the ceiling in my dining room this summer. Clumsiness meets bad luck.
yea but that is one thing, not several!
Good questions! I despise unethical Realtors. It's mud in my eye!
Glad that worked out for you! The seller could have faced bigger damages. We stress to every seller " disclose,disclose, disclose!" stay out of troubl!. 90% of the lawsuits after a sale come from inadequate disclosures.
What city are yall headed to? I'm in Arvada and would love to get up into the mountains one day.GunRangeGal said:
We're in Colorado now. Getting out of Denver just in time to watch it become the next Seattle.
We're going to be in the Evergreen area, and can't wait! We close on Friday and that's when the work begins on bringing the house back to life.
Unfortunately, continuing with the theme of this thread… selling our house has been a nightmare. It has busted 3 times.
-First people backed out. The inspection came back really clean, but they terminated over "inspections." It was a bunch of BS, and the realtor admitted as much. They put a larger house up the street under contract before we even had a chance to review the termination paperwork.
-Then the next buyer put us under contract, and backed out before inspections because she didn't realize that duplexes share a main waterline and couldn't grasp the party wall agreement. Allll of this information is easily available and was known at the time of contract.
-THEN a doctor put in an aggressive offer, waived everything except negotiating for a any major safety or structural issues (there are none), and even moved up her close date. Then, out of the blue, she started asking tons of questions about our party wall neighbor. Is she nice? Is she loud? Does she take care of her yard? All super random questions that we happily answered honestly. Our neighbor is wonderful! The inspection came back "remarkably good" and then we got a termination notice. Turns out, after putting in an offer on a duplex, renegotiating, and updating dates on a duplex, and inspecting a duplex, the doctor decided she wants a single family house.
Every time the house has gone back on the market, it's a competitive offer situation… So we're at a loss that's why this keeps happening other than flaky buyers making emotional decisions because they feel like they just need to "win" something. this time around, we're going to require some nonrefundable earnest money up front to weed out inexperienced and flaky buyers. Thankfully, we're in a position that we don't have to sell our house to close on the new one. Buuuut between bad buyers agents, and our less than proactive listing agent, or dumbfounded that these people have licenses/make any kind of money in real estate.
Unfortunately, continuing with the theme of this thread… selling our house has been a nightmare. It has busted 3 times.
-First people backed out. The inspection came back really clean, but they terminated over "inspections." It was a bunch of BS, and the realtor admitted as much. They put a larger house up the street under contract before we even had a chance to review the termination paperwork.
-Then the next buyer put us under contract, and backed out before inspections because she didn't realize that duplexes share a main waterline and couldn't grasp the party wall agreement. Allll of this information is easily available and was known at the time of contract.
-THEN a doctor put in an aggressive offer, waived everything except negotiating for a any major safety or structural issues (there are none), and even moved up her close date. Then, out of the blue, she started asking tons of questions about our party wall neighbor. Is she nice? Is she loud? Does she take care of her yard? All super random questions that we happily answered honestly. Our neighbor is wonderful! The inspection came back "remarkably good" and then we got a termination notice. Turns out, after putting in an offer on a duplex, renegotiating, and updating dates on a duplex, and inspecting a duplex, the doctor decided she wants a single family house.
Every time the house has gone back on the market, it's a competitive offer situation… So we're at a loss that's why this keeps happening other than flaky buyers making emotional decisions because they feel like they just need to "win" something. this time around, we're going to require some nonrefundable earnest money up front to weed out inexperienced and flaky buyers. Thankfully, we're in a position that we don't have to sell our house to close on the new one. Buuuut between bad buyers agents, and our less than proactive listing agent, or dumbfounded that these people have licenses/make any kind of money in real estate.
The next time I sell the option fee with be atleast $1000
might be more effective and easier to keep than EM
being able to tie up a property for a couple hundred bucks is ridiculous
might be more effective and easier to keep than EM
being able to tie up a property for a couple hundred bucks is ridiculous
Good luck. The optimist says you've had bad luck and it will turn out well.
The pessimist says you are probably in a hot market with low inventory, you have a fairly bespoke property for the area and are possibly overpriced if people keep pulling chocks up on you for single family homes.
The pessimist says you are probably in a hot market with low inventory, you have a fairly bespoke property for the area and are possibly overpriced if people keep pulling chocks up on you for single family homes.
We're definitely not overpriced. We priced below market value because we weren't interested in testing the market. Every contract we've accepted has been well over ask, with multiple offers matching.
The first people that backed out are buying a more expensive duplex. We are getting a good chuckle out of it, because the small distance they moved closer to the main road means they already have a homeless encampment returning to their block. They were probably unaware that the camp had been swept a few days prior. Our sweet little duplex is farther away from the main thoroughfare/closer to a school will probably look pretty good once they realize that their property is being used as an outdoor toilet, camping spot, and on the road that ambulances have to use to get to the only level one trauma center. It's amazing how just a few blocks difference in Denver can make… which is just one more reason we are so grateful to be moving to the mountains!
The first people that backed out are buying a more expensive duplex. We are getting a good chuckle out of it, because the small distance they moved closer to the main road means they already have a homeless encampment returning to their block. They were probably unaware that the camp had been swept a few days prior. Our sweet little duplex is farther away from the main thoroughfare/closer to a school will probably look pretty good once they realize that their property is being used as an outdoor toilet, camping spot, and on the road that ambulances have to use to get to the only level one trauma center. It's amazing how just a few blocks difference in Denver can make… which is just one more reason we are so grateful to be moving to the mountains!
I love Evergreen! I hope to get up there with the family one day. We go hiking up there all the time.
It's a great town and we're really excited to get plugged into the community up here. We did SummerFest last weekend and the art fest the weekend before. It's a completely different world from living in downtown Denver.
Thankfully, we're back under contract with a buyer that seems serious based on the additions to the contract. We're hoping this one sticks… the sooner we can unload the house in Denver, the sooner we'll buy a hot tub!
Thankfully, we're back under contract with a buyer that seems serious based on the additions to the contract. We're hoping this one sticks… the sooner we can unload the house in Denver, the sooner we'll buy a hot tub!
Gross.GunRangeGal said:
buy a hot tub!
Public hot tubs are gross. Having one of your own with mountain views after a long day of snow shoeing out our front door sounds like heaven, to me!
GunRangeGal said:
hot tubs are gross. Having *a hot bath* with mountain views after a long day of snow shoeing out our front door sounds like heaven, to me!
Agreed!
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