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Pay for Repair
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11-23-2012 01:59 PM
We are selling our house AS IS. We have a swimming pool that is operating normally. On the day of walk through, the motor does not operate. Do the sellers still need to pay for repair of the motor even though the house is sold AS IS?
Thanks.
Jill
Re: Pay for Repair
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11-23-2012 03:42 PM
I think you answered your own question...
Re: Pay for Repair
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11-23-2012 04:07 PM
The seller leaves the home and its equipment in the same condition as when the buyer made the offer. While everything is negotiable the seller is responsible. Not fixing the issue may delay closing or result in a lawsuit.
Re: Pay for Repair
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11-23-2012 10:58 PM
In the contract to buyer, seller needs to disclose known facts even when it is a sale AS-IS. In REO cases, seller (mostly banks) doesn't have to do this by claiming 'not live in the house for a single day'.
Buyer can come back to charge you not disclose known fact even if their inspector missed to discover.
Re: Pay for Repair
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11-23-2012 11:16 PM
jjohnson wrote:We are selling our house AS IS. We have a swimming pool that is operating normally. On the day of walk through, the motor does not operate. Do the sellers still need to pay for repair of the motor even though the house is sold AS IS?
Thanks.
Jill
One of the things that a home inspection should cover would be the conditon of the pool. If the inspector noted that the pool equipment was operating properly you should not expect a problem with failure to disclose.
Re: Pay for Repair
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11-24-2012 08:05 PM
Thanks Sheriff and all.
We did not have the home inspection. The agent did not suggest a home inspection. We did not expect the motor would not work on the day of the walk through. We don't want all of you to think that we were not honest. We live in this house for over 20 years and we want the buyers to be happy with our house.
Thanks all.
Jill
Re: Pay for Repair
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11-24-2012 09:19 PM
Normally it is the buyer's responsibility to due the inspections. I suggest if it is not an expensive repair, just do it. It is easier than arguing over it.



