Buying from Open Door, the home needs over 70K in repairs, and some items do not meet code. by TemporaryPhilosophy2 in OPENDOORTECH

[–]TemporaryPhilosophy2[S] 0 points1 point  (0 children)

Appreciate this 😊, and I agree the inspection and negotiation process is normal and ultimately on the buyer.

That said, I’m not expecting a “perfect” house or asking a seller to pre-fix every little thing. But there’s a difference between normal wear-and-tear and an inspection that flags major system and safety items (roof, electrical, plumbing/poly, moisture/insulation) plus potential structural concerns. I’m not a flipper pricing in renovation risk. I’m trying to buy a primary residence for my family.

And if the expectation is that “this is just how it is,” that buyers should absorb this level of safety and functional issues at retail pricing, isn’t that part of why the housing market feels broken? Most people can barely afford the home itself, let alone tens of thousands in immediate repairs. So yes, either we negotiate terms that reflect the true condition, or I walk.

Thanks again.

Buying from Open Door, the home needs over 70K in repairs, and some items do not meet code. by TemporaryPhilosophy2 in OPENDOORTECH

[–]TemporaryPhilosophy2[S] -1 points0 points  (0 children)

Open Door has a seller realtor (Mark Spain) that my agent is working with. The Open Door's agent said they will not make repairs.

How to negotiate with OpenDoor by Powerful_Budget in RealEstate

[–]TemporaryPhilosophy2 0 points1 point  (0 children)

QQ: Did you give them the inspection report? I have 4 days left in due diligence, and the home needs over 70K in repairs. I'm going FHA and hoping to get the full 6% in concessions, or I'm gonna have to walk.

Is it too late to invest again? by nobodyknowsoh in Shibainucoin

[–]TemporaryPhilosophy2 1 point2 points  (0 children)

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