make the move or not

[blukitty1]

Two things came up during going through 500 pages of documents for an attached duplex condo I intend to to purchase that’s now in escrow.

One is PB polybutylene pipe for water installed in slab. Problem: they break, leak, flood the place and your neighbor so solution is copper pipes need to be routed overhead. Mine unit has had it done. Adjoining wall owners (unknown). Lawsuits found against developer gave money to all owners at the time for both.

Some people did the work needed, some pocketed money. Not sure the neighbors have had these items done? That’s the problem. If theirs flood so does yours (mine). It happened to people I know living there.

In addition the furnaces originally installed can catch fire. Mine has been replaced. Not sure if neighbors had theirs done? Unit 5 doors down burned down. Took neighbors down too. The last two items are in my way of buying it at this point. The unknown is is if the neighbors have had done this work?

I don’t think that’s unreasonable. I know it’s a good deal but at the point of risking life especially in regards to heater?

Both items run about $12,000.00 to fix. What would you honestly do in this situation? Thanks for your input fellow piggs

[SmellsFeeshy]

Maybe you could contact the neighbors under the guise that you are concerned about potential problems with the pipes and furnace and see what they say. Say something like “I’m thinking about buying in this complex but have heard that these can be issues. Do you know anything about that?”. If they pretend they don’t know about it (or genuinely don’t know) then you know it hasn’t been done. But if they have done it most likely they would bring it up if you mentioned something about it.

[SmellsFeeshy]

Maybe you could contact the neighbors under the guise that you are concerned about potential problems with the pipes and furnace and see what they say. Say something like “I’m thinking about buying in this complex but have heard that these can be issues. Do you know anything about that?”. If they pretend they don’t know about it (or genuinely don’t know) then you know it hasn’t been done. But if they have done it most likely they would bring it up if you mentioned something about it.

[SmellsFeeshy]

Maybe you could contact the neighbors under the guise that you are concerned about potential problems with the pipes and furnace and see what they say. Say something like “I’m thinking about buying in this complex but have heard that these can be issues. Do you know anything about that?”. If they pretend they don’t know about it (or genuinely don’t know) then you know it hasn’t been done. But if they have done it most likely they would bring it up if you mentioned something about it.

[SmellsFeeshy]

Maybe you could contact the neighbors under the guise that you are concerned about potential problems with the pipes and furnace and see what they say. Say something like “I’m thinking about buying in this complex but have heard that these can be issues. Do you know anything about that?”. If they pretend they don’t know about it (or genuinely don’t know) then you know it hasn’t been done. But if they have done it most likely they would bring it up if you mentioned something about it.

[SmellsFeeshy]

Maybe you could contact the neighbors under the guise that you are concerned about potential problems with the pipes and furnace and see what they say. Say something like “I’m thinking about buying in this complex but have heard that these can be issues. Do you know anything about that?”. If they pretend they don’t know about it (or genuinely don’t know) then you know it hasn’t been done. But if they have done it most likely they would bring it up if you mentioned something about it.

[blukitty1]

Yes, that was going to be my next move before making a decision within the next few days. Thanks.

[blukitty1]

Yes, that was going to be my next move before making a decision within the next few days. Thanks.

[blukitty1]

Yes, that was going to be my next move before making a decision within the next few days. Thanks.

[blukitty1]

Yes, that was going to be my next move before making a decision within the next few days. Thanks.

[blukitty1]

Yes, that was going to be my next move before making a decision within the next few days. Thanks.

[bearishgurl]

I would back out of the escrow under these circumstances. Even if your unit’s PBT pipe has been replaced, it is likely NOT replaced under the slab. More owners DID NOT use their proceeds from the class-action suit proceeds dispersed in the early/mid nineties to replace their PBT plumbing than did. Buying in this complex sounds like a future headache and money drain to me – as well as unsafe. I’m suprised financing is currently available for it.

Congratulations for having the sense to carefully read the documents provided you in escrow! So many buyers of these affected units (condos AND SFR’s) become enamored of the property prior to closing on it and don’t read the fine print and then sign off their contingencies. These two items had to have been well-known by the seller and should have also been listed in your Transfer Disclosure Statement, provided to you upon your accepted offer. If this info was not and your sellers were NOT REO lenders, then they were trying to hide these material facts from a potential buyer.

There are many properties currently on the market and you will find another one to buy.

[bearishgurl]

I would back out of the escrow under these circumstances. Even if your unit’s PBT pipe has been replaced, it is likely NOT replaced under the slab. More owners DID NOT use their proceeds from the class-action suit proceeds dispersed in the early/mid nineties to replace their PBT plumbing than did. Buying in this complex sounds like a future headache and money drain to me – as well as unsafe. I’m suprised financing is currently available for it.

Congratulations for having the sense to carefully read the documents provided you in escrow! So many buyers of these affected units (condos AND SFR’s) become enamored of the property prior to closing on it and don’t read the fine print and then sign off their contingencies. These two items had to have been well-known by the seller and should have also been listed in your Transfer Disclosure Statement, provided to you upon your accepted offer. If this info was not and your sellers were NOT REO lenders, then they were trying to hide these material facts from a potential buyer.

There are many properties currently on the market and you will find another one to buy.

[bearishgurl]

I would back out of the escrow under these circumstances. Even if your unit’s PBT pipe has been replaced, it is likely NOT replaced under the slab. More owners DID NOT use their proceeds from the class-action suit proceeds dispersed in the early/mid nineties to replace their PBT plumbing than did. Buying in this complex sounds like a future headache and money drain to me – as well as unsafe. I’m suprised financing is currently available for it.

Congratulations for having the sense to carefully read the documents provided you in escrow! So many buyers of these affected units (condos AND SFR’s) become enamored of the property prior to closing on it and don’t read the fine print and then sign off their contingencies. These two items had to have been well-known by the seller and should have also been listed in your Transfer Disclosure Statement, provided to you upon your accepted offer. If this info was not and your sellers were NOT REO lenders, then they were trying to hide these material facts from a potential buyer.

There are many properties currently on the market and you will find another one to buy.

[bearishgurl]

I would back out of the escrow under these circumstances. Even if your unit’s PBT pipe has been replaced, it is likely NOT replaced under the slab. More owners DID NOT use their proceeds from the class-action suit proceeds dispersed in the early/mid nineties to replace their PBT plumbing than did. Buying in this complex sounds like a future headache and money drain to me – as well as unsafe. I’m suprised financing is currently available for it.

Congratulations for having the sense to carefully read the documents provided you in escrow! So many buyers of these affected units (condos AND SFR’s) become enamored of the property prior to closing on it and don’t read the fine print and then sign off their contingencies. These two items had to have been well-known by the seller and should have also been listed in your Transfer Disclosure Statement, provided to you upon your accepted offer. If this info was not and your sellers were NOT REO lenders, then they were trying to hide these material facts from a potential buyer.

There are many properties currently on the market and you will find another one to buy.

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