Are the appliances included with this new home? Yes of course, you think...
It's common practice here in Hawaii that all the appliances are included with a home sale. Fridge, stove, washer and dryer - it's a given. But what about that water heater?
In the Hawaii purchase contract there is a paragraph E-2 for inclusions, where you can check off the boxes for things like: refrigerator; range; microwave; washer; dryer; SOLAR WATER SYSTEM. But, there's NO other mention of a water heater. Some homes come with the usual electric water heater, some have solar water heaters, and some have on-demand propane water heaters. Why has this appliance been omitted? What does your state contract cover?
Apparently, in Ontario Canada there's a company who thinks it's OK to make a little extra money by leasing water heaters to unsuspecting buyers. Some developers are offering brand new homes and including a water heater that is leased, with lease payments for 14 years or more. It wouldn't be so bad if the rates were in line with a normal purchase price, but they aren't. And then there's the service agreement...
Enercare will gladly lease you a water heater but contract out for the repairs when needed. This sounds like a real nightmare for homeowners. Buyer beware. Another reason to know what you're getting into when you deal directly with a home developer, and use their purchase contract.
I know I'll pay more attention to water heaters in any future transactions if this is going to become a trend.
Thanks for reading my Maui blog...
Buying or selling real estate on Maui? That's what I do. Let me help YOU.
Georgie Hunter R(S) e-Pro, Hawai'i Life Real Estate Brokers
127 Hana Hwy. #G, Paia HI 96779
E-mail or call/text: 808 283-0635