It's funny how things connect. My last post was about having an inspection. This is about one the we had. My buyers are purchasing a foreclosed home. During a walk-through prior to making the offer we notice a very light stain in the foyer. It appeared to be the result of a toilet leak. Despite having to pay to turn on the utilities, the Buyers had decided to have the home inspected.
On the day of the inspection, the inspector did all the structural and exterior work. Finally, he turned on the water to check the plumbing. One moment we were in a fairly well-maintained repossessed home, the next moment we were in a cloudburst. Water was dripping everywhere. I should have brought an umbrella. We shut off the water. After making the bank aware of the conditions. They sent their plumbers in to make repairs, including a test for the presence of mold. It turned out that at some point the pipes had frozen and burst. The Buyers are now living in the home without any problems.
The moral of this story? Have a home inspection, CYA.
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