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Home › Forums › Closed Forums › Properties or Areas › Fishy: $75k “plumbing damage” in a 1700 sqft condo??

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  • February 17, 2009 at 2:42 PM #15081
    SanDiegoDave
    Participant

    http://www.sdlookup.com/MLS-090008806-4343_Nobel_121_San_Diego_Ca_92122

    Has anyone been inside this place? I can understand a great deal of cost for some burst pipes, but $75k in a condo like that seems excessively high. That’s essentially gutting and replacing everything top to bottom – including all the dry wall closet doors, cabinets, toilets, and the heater!

    Seems like a high number. And no mention in the listing of it being a short sale, although something tells me it must be if they didn’t have insurance and are just walking away like this.

    February 17, 2009 at 3:35 PM #348067
    macromaniac
    Participant

    Water damage is probably one of the worst and destroys everything from the water line down not to mention the humidity above the water line causing major problems… This may be the cost for something of this nature….

    February 17, 2009 at 3:35 PM #348385
    macromaniac
    Participant

    Water damage is probably one of the worst and destroys everything from the water line down not to mention the humidity above the water line causing major problems… This may be the cost for something of this nature….

    February 17, 2009 at 3:35 PM #348503
    macromaniac
    Participant

    Water damage is probably one of the worst and destroys everything from the water line down not to mention the humidity above the water line causing major problems… This may be the cost for something of this nature….

    February 17, 2009 at 3:35 PM #348535
    macromaniac
    Participant

    Water damage is probably one of the worst and destroys everything from the water line down not to mention the humidity above the water line causing major problems… This may be the cost for something of this nature….

    February 17, 2009 at 3:35 PM #348636
    macromaniac
    Participant

    Water damage is probably one of the worst and destroys everything from the water line down not to mention the humidity above the water line causing major problems… This may be the cost for something of this nature….

    February 17, 2009 at 3:58 PM #348117
    CA renter
    Participant

    The kitchen faucet in our rental had been leaking before we moved in. There was a fair amount of mold (including the “toxic” mold) on the wall and in the cabinets. The LL had a mold remediation company tear everything out to the studs, even having to shave parts of the studs, then we had to build everything back up again. This was only for the portion against that wall and an adjoining wall. A third wall was left alone.

    It took about 2-3 months (we had no kitchen), and cost over $10K. Needless to say, there is no granite, and the cabinets are cheapies from Home Depot (though I’m not complaining, as they work and look just fine).

    I’d venture to say water damage is one of the most expensive problems people will ever encounter. Very expensive and miserable work.

    February 17, 2009 at 3:58 PM #348435
    CA renter
    Participant

    The kitchen faucet in our rental had been leaking before we moved in. There was a fair amount of mold (including the “toxic” mold) on the wall and in the cabinets. The LL had a mold remediation company tear everything out to the studs, even having to shave parts of the studs, then we had to build everything back up again. This was only for the portion against that wall and an adjoining wall. A third wall was left alone.

    It took about 2-3 months (we had no kitchen), and cost over $10K. Needless to say, there is no granite, and the cabinets are cheapies from Home Depot (though I’m not complaining, as they work and look just fine).

    I’d venture to say water damage is one of the most expensive problems people will ever encounter. Very expensive and miserable work.

    February 17, 2009 at 3:58 PM #348553
    CA renter
    Participant

    The kitchen faucet in our rental had been leaking before we moved in. There was a fair amount of mold (including the “toxic” mold) on the wall and in the cabinets. The LL had a mold remediation company tear everything out to the studs, even having to shave parts of the studs, then we had to build everything back up again. This was only for the portion against that wall and an adjoining wall. A third wall was left alone.

    It took about 2-3 months (we had no kitchen), and cost over $10K. Needless to say, there is no granite, and the cabinets are cheapies from Home Depot (though I’m not complaining, as they work and look just fine).

    I’d venture to say water damage is one of the most expensive problems people will ever encounter. Very expensive and miserable work.

    February 17, 2009 at 3:58 PM #348585
    CA renter
    Participant

    The kitchen faucet in our rental had been leaking before we moved in. There was a fair amount of mold (including the “toxic” mold) on the wall and in the cabinets. The LL had a mold remediation company tear everything out to the studs, even having to shave parts of the studs, then we had to build everything back up again. This was only for the portion against that wall and an adjoining wall. A third wall was left alone.

    It took about 2-3 months (we had no kitchen), and cost over $10K. Needless to say, there is no granite, and the cabinets are cheapies from Home Depot (though I’m not complaining, as they work and look just fine).

    I’d venture to say water damage is one of the most expensive problems people will ever encounter. Very expensive and miserable work.

    February 17, 2009 at 3:58 PM #348686
    CA renter
    Participant

    The kitchen faucet in our rental had been leaking before we moved in. There was a fair amount of mold (including the “toxic” mold) on the wall and in the cabinets. The LL had a mold remediation company tear everything out to the studs, even having to shave parts of the studs, then we had to build everything back up again. This was only for the portion against that wall and an adjoining wall. A third wall was left alone.

    It took about 2-3 months (we had no kitchen), and cost over $10K. Needless to say, there is no granite, and the cabinets are cheapies from Home Depot (though I’m not complaining, as they work and look just fine).

    I’d venture to say water damage is one of the most expensive problems people will ever encounter. Very expensive and miserable work.

    February 17, 2009 at 5:37 PM #348297
    Tuba
    Participant

    This one might be a future lawsuit. In condo’s you own the “airspace” of the condo, and that is how most insurance companies look at it. Inside the walls, is considered common areas, and can be the problem of the HOA. $75k is probably damage to more than one unit. So, this could have several insurance companies involved. I would stay far away from this one.

    February 17, 2009 at 5:37 PM #348614
    Tuba
    Participant

    This one might be a future lawsuit. In condo’s you own the “airspace” of the condo, and that is how most insurance companies look at it. Inside the walls, is considered common areas, and can be the problem of the HOA. $75k is probably damage to more than one unit. So, this could have several insurance companies involved. I would stay far away from this one.

    February 17, 2009 at 5:37 PM #348733
    Tuba
    Participant

    This one might be a future lawsuit. In condo’s you own the “airspace” of the condo, and that is how most insurance companies look at it. Inside the walls, is considered common areas, and can be the problem of the HOA. $75k is probably damage to more than one unit. So, this could have several insurance companies involved. I would stay far away from this one.

    February 17, 2009 at 5:37 PM #348765
    Tuba
    Participant

    This one might be a future lawsuit. In condo’s you own the “airspace” of the condo, and that is how most insurance companies look at it. Inside the walls, is considered common areas, and can be the problem of the HOA. $75k is probably damage to more than one unit. So, this could have several insurance companies involved. I would stay far away from this one.

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