Last week I wrote about an experience we had with a recent home inspection.  So, maybe you're wondering what happened next. 


We originally intended to hire a structural engineer to give us a recommendation on how to repair it, then get a contractor to give us a bid on the actual repair work.   The problem with that plan was the seller said to put the paneling back up for the next showings.  This made the foundation inaccessible for the engineer to do the structural inspection.  It was obvious the sellers didn't want to work out a compromise with us.  They're, apparently, hoping to sell to someone less critical about the structural integrity of the house.  


The bottom line was, we didn't want to get several hundred more dollars into inspections if there was a slim chance the buyers would actually be able to negotiate a settlement with the sellers.


Turns out the seller wasn't willing to give an adequate concession for repairs and we decided to walk away from the transaction before we got any more time or money invested.  This just didn't have a good feel any more. 


So, we moved on and are now looking at other homes to meet their needs. 


Note:  In spite of the fact that we were told to put the paneling back up before the next potential buyers came along, I am hoping the seller's agents explained to the sellers the extreme position of liability this put them in.  If they truly did not know about the foundation problem before they put it on the market, that is one thing.  BUT, now that they do know there is a problem, they are required to disclose the problem or face the financial consequences.  Probably never will know how that will play out.



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