San Diego Housing Market News and Analysis
How bad is it? inspection report came back
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Submitted by profhoff on September 11, 2017 - 8:17am
We're in escrow on a property about 1.5 miles from coast. Built in late 1980s. It was clear at showing and then crystal clear at inspection that house has termites, dry rot on all west facing windows, stucco open to rebar along bottom of house, water intrusion that has damaged engineered wood floor, other damage to engineered wood floor from indeterminate causes but could be more water damage that got under floor and got sucked along grain of wood. Also, evidence of prior leak in garage from roof. Many other windows on their way to rot. All window casings are wood. Patio doors damaged/rotted. One first floor room looks to have been patched at various places, but it's not directly under any obvious water so not clear what happened there. Garage had a lot of junk in it so couldn't fully inspect.
Question - is this typical? How can I be sure I know what I'm getting into? Agent and GC I brought out to discuss potential cosmetic renovations with, and even inspector, say this is nothing unusual this close to coast when no attempt made to maintain.
Other issues: some electrical outlets don't work. There's no GFIC (isn't that the law?), and other stuff like that.
GC says we can fix it all, but there is a concern about opening the west-facing walls to learn the extent of the dry rot.
Keep in mind that houses are very hard to find and we snagged this one with multiple buyers waiting in line if we walk and for all the issues, house has a lot of pluses. But it's clearly going to cost serious five figures to repair, replace and bring it up to buff level.
Thoughts? Advice? Suggestions?
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