Quote:
Posted By MichaelS56 on 04/11/2021 7:08 AM
Do not purchase this place. Since the floor issue was not told you before, my concern would be what else is a problem that you have not been told about or read on the disclosure certificate.
But she did have a home inspection. The OP may have already initialed approval of the home inspection (after previously identified deficiencies were corrected or negotiations for same took place). The OP also knew about the HVAC's age et cetera.
I think that this is probably quite a lesson for the OP. Not a hard lesson. Just a lesson. Should she walk away? I would want more information first. The inspector said to consult a contractor. To help her decision-making, I think she should do so pronto.
If the OP did not factor in the cost of fixing the unlevel floors (if they are fixable) in her negotiations, then since the home inspection revealed this deficiency, this is the OP's mistake. By my reckoning, the OP can now either walk away and possibly (though not definitely) lose her deposit. Or she can proceed with closing on the home. I say "possibly" for a few reasons. Perhaps the sellers will adjust the price, because they want to sell the home.
If I though the uneven floors affected the home value by a lot, I would either walk away or ask for a price adjustment. I would be ready to forfeit the deposit of $2000.