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Why home inspectors aren't all there cracked up to be cheaphomeowner 06-19-2006
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Posted by cheaphomeowner on June 19, 2006, 10:40 am
If you had seen my earlier post with the issue in the attic then this
post will
back even more sense. If not, short version, my inspector
missed alot of
problems that I am finding. To start with, the
bathroom fans were not vented
correct, I had an entire wet wall in
the laundry room that had to be replaced,
new ice line run, my a/c
unit was not sealed correct, and the new discovery -
-My second floor
bath is rotting out the floor and the ceiling below and there
is major
water damage to the lower wall were water has been slowly running down
it. I think at this point it is time to follow up with the inspection
company
and get this resolved. One more thing, I found out also that
my hot water
heater is rusting from the inside out. Any suggestions
if this is worth going
after the inspection company, file with home
warrenty or better go after
previous owner for not putting on
disclosure form. It is very clear that there
was some previous hide
the problem work done.


Tankless Water Heaters 468x60
Posted by RichK on June 19, 2006, 10:56 am


> company and get this resolved. One more thing, I found out also that
> my hot water heater is rusting from the inside out.

Did you expect the guy to climb inside and check it for you? You bought an
old house with an old water heater - should have looked at the mfg date -
even that would not tell you the condition, as it depeneds on the design and
water you're getting. Have you flushed the WH at least once, since you're
owned it?

RichK



Posted by RayV on June 19, 2006, 11:10 am

cheaphomeowner wrote:
> If you had seen my earlier post with the issue in the attic then this
> post will back even more sense. If not, short version, my inspector
> missed alot of problems that I am finding. To start with, the
> bathroom fans were not vented correct, I had an entire wet wall in
> the laundry room that had to be replaced, new ice line run, my a/c
> unit was not sealed correct, and the new discovery - -My second floor
> bath is rotting out the floor and the ceiling below and there is major
> water damage to the lower wall were water has been slowly running down
> it. I think at this point it is time to follow up with the inspection
> company and get this resolved. One more thing, I found out also that
> my hot water heater is rusting from the inside out. Any suggestions
> if this is worth going after the inspection company, file with home
> warrenty or better go after previous owner for not putting on
> disclosure form. It is very clear that there was some previous hide
> the problem work done.

Not easy to hold professional home inspectors liable in most states.
Also not easy to go after previous owners that have no construction
experience.

Best place to start is by making a few phone calls to real estate
attorneys. You can call your real estate agent and curse them out if
it makes you feel better, but it won't get you anywhere.

Sounds like some of your repairs need to be done immediately. Get
professional estimates and take lots of pictures.

The entire home-buying process makes little sense. Most people spend
more time on purchasing a car than buying a house. There is too much
money to be made by realtors, inspectors, title companies, local,
county, state govts and of course the banks for anything to change.
Even a 10% drop in home sales would mean billions in lost revenue, why
would the politicians make the process fair to all involved? They just
want the titles changing hands rapidly so they can pull in more ca$h.


Posted by on June 25, 2006, 9:48 am
DItto RayV ! Good to see another curmudgeon online.

Housing, at least in the US, is in large measure a scam. Even if you
have your own realtor as a buyer's agent they will do everything they
can to slam you into a house. Appraisers go with the flow so that they
get repeat business from the real estate agents. By 'go with the flow"
I mean they deliberately pad their assessments.

First time home buyers are like lambs to the slaughter.


Posted by John Gilmer on June 26, 2006, 8:15 pm

> DItto RayV ! Good to see another curmudgeon online.
>
> Housing, at least in the US, is in large measure a scam. Even if you
> have your own realtor as a buyer's agent they will do everything they
> can to slam you into a house. Appraisers go with the flow so that they
> get repeat business from the real estate agents. By 'go with the flow"
> I mean they deliberately pad their assessments.

Up to a point, that's quite true.

BUT the appriaisers also work for the lenders. If an appraiser gets too
carried away the lenders will no longer accept his reports and he will be
stuck with the small amount of business he gets from buyers with more cash
than brains.

If there is a true falsehood or a gross error in the appraisal he and his
insurance company are on the hook. Otherwise, if you read the appraisal
you can decide for yourself whether the judgments are reasonable.

For example, the report might make the assumption that the prices are going
up 15% each year and also find comparibles that are a year old claiming
that's the best he can do. It's easy to check that kind of thing out.
>
> First time home buyers are like lambs to the slaughter.

In theory, you are correct.

In practice that first home purchase is usually the best decision that
person or couple has made insofar as his long term finances are concerned.

Most folks who buy before interest rates go crazy or "creative financing" is
the norm, usually do OK.

>



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