My owner is a home inspector in San Diego.Is it the economic climate? The real estate climate? Has anyone else noticed that Seller disclosure statements seem to be getting more useful?

Back in the olden days, every time I saw a Seller's Transfer Disclosure Statement (TDS), it was like the Sellers had chosen to speak no evil, see no evil, and hear no evil about the home they were trying to sell.

Speak no evil, see no evil, hear no evil

Back in the olden days, I didn't know if the Sellers were even reading the TDS questions:

  1. Are the fences in good condition? Yes (as they watched the fence fall down the hillside)
  2. Are there any plumbing leaks? No (as they stood in ankle deep water from the dishwasher leak -- the dishwasher is an appliance, not plumbing!)
  3. Do all the appliances work? Yes (the dishwasher had finished its cycle and all the water had flowed nicely over to the dining room and soaked into the carpet)
  4. LightingDo all the lights work? Yes (we are talking about electric lights, not your candles)
  5. Do you have a fireplace? Yes (the bonfire in back doesn't count)
  6. Is your fireplace gas, propane, or wood? Gas (as they throw another log on the fireplace -- see that gas valve right there that doesn't work?)
  7. Roof hasn't leaked since last time it rainedAre there any roof leaks? No (at least, not since the last time it rained a year ago)
  8. Do all the windows open and close, and latch and lock? Yes (just peel these two pieces of duct tape back to take these plastic panels out....)
  9. Are there any easements? Yes (go out the back gate, take the dirt trail over to John's -- he's the neighbor right there -- and his back gate is always open so you can ease right in and use his swimming pool any time)
  10. What's your average monthly electric bill? Just $10 (because we're stealing electricity from the electric company and from the two houses next door since they are vacant)

Last week I had things like:

  1. Are there any plumbing leaks? No, but we had a leak at the disposal in the kitchen last week. Paul McCartney at Beatles Plumbing fixed it on Tuesday, November 10. Charged us $109.79. Receipt and 90-day warranty attached.
  2. Are there any roof leaks? No, but John Lennon at Ono Roofing said we need a cricket at the chimney and quoted us $550 to install one. Statement from Ono Roofing attached.

Sold!I don't know what it is -- Sellers really wanting to sell? Realtors doing a better job of counseling their Sellers on what it takes to sell? Whatever. All I know is that....

You people are going to put me out of business if you keep it up, so stop it! Now!

♫♫☼☼♪♪☼☼♫♫

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7 Comments on You people are going to put me out of business!

NOV
15
132,087 Points 1 Featured Post

Wow - that is sure a detailed sellers disclosure. We definitely say, disclose, disclose, disclose. Still a home inspection is a MUST! Job security you have Russel!

5:36am • #1
Outside Blog

I think you are in good hands sir.  With EVERY home sale, we recommend an inspection by a licensed professional.

5:57am • #2

Russel, I'm guessing that more accurate disclosures these days have something to do with avoiding lawsuits.  My clients even add "addendums" to explain details about repairs, dates, etc.  The more information the better. 

6:49am • #3
404,819 Points 9 Featured Posts Localism Sponsor Outside Blog

Russel:  While Northern Virginia may not hold a candle to San Deigo, your services will always be needed here.  I have yet to see a seller disclose ANYTHING about the condition of their home in writing.

9:45am • #4
165,460 Points 1 Featured Post Localism Sponsor Outside Blog Hit Router

Russel case in point was working with my sellers last week on their home that we have under contract.  After the buyers home inspection a roof leak was discovered (that has been there a number of years), and a cracked combustion fan housing on the heating unit that had been there also.  I spoke with my clients and it seems they did not have a home inspection when they bought the home since they bought it from family (they were in financial trouble) a few years ago.  Believe me we had a long talk about how they have to get home inspections when buying a home.  These things would have been discovered before if they had.

10:07am • #5
367,266 Points 16 Featured Posts Outside Blog

Russel - LOL. We've dealt with fire and water leaks not disclosed... Thank goodness for good inspectors :) ~Rita

5:56pm • #6
NOV
18
563,581 Points 10 Featured Posts Outside Blog

Hey, Dick and Dixie - I was beginning to wonder about job security when real estate building was booming because many people neglect to have a home inspection on new construction. With many builders out of business or on hold, people are buying existing homes, and those almost always get inspections here.

Hey, Edward - Thanks for stopping by. I used to have a lot of friends in Kingwood back when I was a Realtor in Houston.

Hey, Sallie - Disclosures are one area where there cannot be too much information. Let the buyer decide what is or is not too much.

Hey, Chris Ann - Out of all the inspections I've done here in San Diego since October 2001, I can count on two hands the number of disclosures that were useful to anyone.

Hey, Larry - Many home inspectors also offer maintenance inspections, but they don't market those like they should. A home inspection can be done at any time, not just when buying a home. I do a lot of maintenance inspections and energy inspections.

Hey, Rita - There are a few Realtors who love us. LOL. We good ones do seem to keep all parties out of those nasty courtrooms.

8:46pm • #7

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Russel Ray, San Diego home inspector

San Diego, CA

More about me…

Russel Ray, Property Consultant

Address: 7000-31 Saranac Street, La Mesa, CA, 91941-3315

Office Phone: (619) 341-0173

Cell Phone: (619) 341-0173

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