We put an offer on a house last week that was accepted and the inspection came back saying that the hvac system isn’t heating properly (8 year old heat pump and 20 year old furnace for emergencies). Also the standby generator has some issues with understanding when the house has or doesn’t have electricity. Lastly the radon gas was averaging a 3.0. We’re having a mitigation expert offer an estimate for a radon system but it’s a larger ranch home on a crawl space so we think it’ll be expensive to fix. This is my 2nd home purchase but I’m not an expert in this process. We feel the seller should be responsibule for covering these issues cause the house isn’t functional or safe to reside in currently. We are also overwhelmed with selling our current house and the logistics of moving so maybe backing out is a good option… my wife and I both felt relieved when there were issues so we had an excuse to break the contract.
Read more at https://www.reddit.com/r/RealEstate/comments/1cdkxij/inspection_is_giving_us_cold_feet/?utm_source=ifttt
Majeed Ekbal's Daily Blog 