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Enforcing Repairs on Apartment Purchase

Started by thisisurchance
over 10 years ago
Posts: 0
Member since: Feb 2009
Discussion about
I am in the process of purchasing a new condo. The evening before our first scheduled closing, we were informed that the seller was too overwhelmed and couldn't be bothered to move out in time, so the closing was moved to the following week. On the morning of the second closing date, we did our final walked through and the apartment was a mess, looking like it had been ransacked in a hurry to move... [more]
Response by crescent22
over 10 years ago
Posts: 953
Member since: Apr 2008

Simple, your attorney tells Seller's attorney that no closing can occur without confirmation the apartment is delivered in working and repaired condition, which includes a new walk-through after repairs are complete.

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Response by Flutistic
over 10 years ago
Posts: 516
Member since: Apr 2007

Let their atty threaten TOE, and huff and puff and blow their house down, too. Notice it was a threat, not an actual letter. Second, get your mortgage salesperson on the line (whatever their title, that's what they are) and tell them your situation and tell them you need their help--you need an extension. Tell them you might not have a deal if things go really sour. Tell your attorney to eat her Wheaties and stop running to the beach early and work on your deal.

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Response by Flutistic
over 10 years ago
Posts: 516
Member since: Apr 2007

Oh and I like what crescent said too

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Response by alanhart
over 10 years ago
Posts: 12397
Member since: Feb 2007

Walk

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Response by fieldschester
over 10 years ago
Posts: 3525
Member since: Jul 2013

Pretty amazing that someone takes old AV equipment.
What is the purchase price?
When was the condo built?
And what neighborhood is this in?

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Response by Flutistic
over 10 years ago
Posts: 516
Member since: Apr 2007

Well, unfortunately, they can't walk. I'd be so mad there would be steam coming out of my ears.

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Response by jelj13
over 10 years ago
Posts: 821
Member since: Sep 2011

To think of what I went through with my buyer from hell! We paid to stay in the apartment for an extra 10 days and fixed everything up while we finished moving out of our store room in the building. The apartment was in perfect order looking as if the floors had just been done and the place just painted. We left spare tiles for the kitchen and bathrooms from our renovations along with all appliance booklets. We extended the warranties for the a/c's and appliances for 1 year. The buyer wouldn't return our $5,000 damages deposit because he claimed we broke the locks on the door, changing them to a non-standard set not usable in the building. He wanted $500 to repair the locks.

That was a load of baloney. Those locks had been on the door when we moved in and worked when we left an hour before the buyer did his final walk through. The idiot did not know how to use the buttons on the side of the lock that we set not to slam lock the door. Fortunately, our lawyer was holding the $5,000 in escrow. Our lawyer held firm.

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Response by Flutistic
over 10 years ago
Posts: 516
Member since: Apr 2007

Yeah I've finally figured out that it doesn't matter who your lawyer is if everything goes smoothly. Which it usually doesn't. Therefore it matters who your lawyer is.

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