Comments on: Some Sellers Are Now Requiring Waivers To Tour a Home http://www.realst8.com/real-estate/some-sellers-are-now-requiring-waivers-to-tour-a-home/ Real Estate and Area Information for South Bend, Mishawaka, Granger and Notre Dame, Indiana Wed, 01 Feb 2012 07:56:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Nick Molnar http://www.realst8.com/real-estate/some-sellers-are-now-requiring-waivers-to-tour-a-home/comment-page-1/#comment-24146 Nick Molnar Thu, 03 Dec 2009 01:37:44 +0000 http://www.realst8.crankpin.com/?p=911#comment-24146 Working on them now. They'll be up later tonight or midday tomorrow. Working on them now.
They’ll be up later tonight or midday tomorrow.

]]> By: Irish Eyes http://www.realst8.com/real-estate/some-sellers-are-now-requiring-waivers-to-tour-a-home/comment-page-1/#comment-24145 Irish Eyes Thu, 03 Dec 2009 00:37:41 +0000 http://www.realst8.crankpin.com/?p=911#comment-24145 Drum roll.....and the November 2009 sales are....? :-) Drum roll…..and the November 2009 sales are….? :-)

]]> By: Nick Molnar http://www.realst8.com/real-estate/some-sellers-are-now-requiring-waivers-to-tour-a-home/comment-page-1/#comment-24144 Nick Molnar Tue, 01 Dec 2009 14:45:56 +0000 http://www.realst8.crankpin.com/?p=911#comment-24144 Coming from large institutions I would assume waivers are going to be used on homes with any evidence of mold - both minor issues and serious problems. It will be difficult to tell the extent of any issues until you are in the house, unless you can have a candid talk with the listing agent before entering the home. If you see a waiver from a private re-seller that should probably raise eyebrows. There are many vacant homes in South Bend, Granger and Mishawaka that will be put up for sale at some point. Homes that are not occupied or regularly visited can develop many problems: mold / mustiness, frozen / burst pipes, squatters, animals living in the house, fleas, contamination from use as a meth lab, cracked plaster, stolen water meters (sold for scrap), and many others. Some vacant homes are monitored and well-kept and some are not - I saw a tree growing through the roof of a home owned by an out-of-town investor last weekend. I can see waivers of liability becoming the norm for vacant houses sold by large institutions and banks after a few lawsuits where someone is injured while viewing a house for sale. The house that sold at $138,000 is at <a href="http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=51652+Westwinds+Dr+South+Bend,+IN&sll=37.0625,-95.677068&sspn=37.683309,67.587891&ie=UTF8&hq=&hnear=51652+Westwinds+Dr,+St+Joseph,+Indiana+46628&t=h&z=16" rel="nofollow">51652 Westwinds Dr</a> in Westwood Hills. I was not in the home, but heard it had mold and the seller (Freddie Mac) had the carpet and sections of drywall removed, then sold it as-is in that condition. Coming from large institutions I would assume waivers are going to be used on homes with any evidence of mold – both minor issues and serious problems. It will be difficult to tell the extent of any issues until you are in the house, unless you can have a candid talk with the listing agent before entering the home. If you see a waiver from a private re-seller that should probably raise eyebrows.

There are many vacant homes in South Bend, Granger and Mishawaka that will be put up for sale at some point. Homes that are not occupied or regularly visited can develop many problems: mold / mustiness, frozen / burst pipes, squatters, animals living in the house, fleas, contamination from use as a meth lab, cracked plaster, stolen water meters (sold for scrap), and many others. Some vacant homes are monitored and well-kept and some are not – I saw a tree growing through the roof of a home owned by an out-of-town investor last weekend. I can see waivers of liability becoming the norm for vacant houses sold by large institutions and banks after a few lawsuits where someone is injured while viewing a house for sale.

The house that sold at $138,000 is at 51652 Westwinds Dr in Westwood Hills. I was not in the home, but heard it had mold and the seller (Freddie Mac) had the carpet and sections of drywall removed, then sold it as-is in that condition.

]]> By: K http://www.realst8.com/real-estate/some-sellers-are-now-requiring-waivers-to-tour-a-home/comment-page-1/#comment-24141 K Tue, 01 Dec 2009 05:15:13 +0000 http://www.realst8.crankpin.com/?p=911#comment-24141 I guess it would depend on why the waiver was there in the first place. If it was simply because a mortgage company is trying to cover themselves on a foreclosure that seemed to be at least approximatly ok, then yes. If it is because the house has a serious structural defect or bad mold (to which I am HIGHLY allergic) then no. I am not adverse to foreclosed (or otherwise) properties that need work. However, I am not willing to risk the health of my family for a good deal. By the way, where was the $400 some thousand house that sold for $100 some thousand located. It looked pretty nice. What was wrong with it? I guess it would depend on why the waiver was there in the first place. If it was simply because a mortgage company is trying to cover themselves on a foreclosure that seemed to be at least approximatly ok, then yes. If it is because the house has a serious structural defect or bad mold (to which I am HIGHLY allergic) then no. I am not adverse to foreclosed (or otherwise) properties that need work. However, I am not willing to risk the health of my family for a good deal. By the way, where was the $400 some thousand house that sold for $100 some thousand located. It looked pretty nice. What was wrong with it?

]]> By: Tracy http://www.realst8.com/real-estate/some-sellers-are-now-requiring-waivers-to-tour-a-home/comment-page-1/#comment-24140 Tracy Tue, 01 Dec 2009 04:36:58 +0000 http://www.realst8.crankpin.com/?p=911#comment-24140 Heck no. At least not without a tough haz .mat. suit. Heck no. At least not without a tough haz .mat. suit.

]]> By: Barb http://www.realst8.com/real-estate/some-sellers-are-now-requiring-waivers-to-tour-a-home/comment-page-1/#comment-24139 Barb Mon, 30 Nov 2009 21:27:03 +0000 http://www.realst8.crankpin.com/?p=911#comment-24139 Yes, if the price and location were right I would consider signing a waiver. Yes, if the price and location were right I would consider signing a waiver.

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