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Tell-Tale Signs of a Problem

By
Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

We've all seen them, commonly in the homes with the dead grass in the front yard, or the signage advertising the foreclosure.

Either inside the home, or perhaps outside, there are signs of a potentially serious problem. And possibly a health hazard. What do you do.?

The buyer is interested, so do you proceed or not?

Should we be providing any guidance?

In the case of this green pool and spa things didn't seem so bad. It might have been West Nile breeding grounds for all we know. There weren't any critters hovering over the pool and we could see the bottom. Maybe they just turned off the power and the filter hadn't run for several months. There were some other signs that suggested there were some other issues, but I am not a pool inspector. But it certainly raised some questions in my mind.

 Look's tempting. Not    Look's tempting. Not

The sloping sidewalk section along the back corner of the reasonably attractive house I saw the other day was scary. Granted, there was no visible hole, but the dramatic slope (it was actually abouot 2 inches lowere than the rest of the sidewalk), the fact it had broken away from the rest of the sidewalk and the side of the house, and the large crack in the exterior wall of the house was concerning. I took photos for my out-of-state buyer and sent them along without saying much. I am no inspector but...anyhow, the buyer decided for himself that this looked risky. The slope inside the house in that corner made me pause.

 House with crack and sinking sidewalk

I fortunately was NOT able to get me and my other buyer into one house in a beautiful gated complex the other day because of a non-functioning combo box. I say fortunate because by looking in all the glass doors and windows it was clear that this home had what I think may have been the dirtiest looking and most stained carpets I have ever seen. There are those signs that tell you large dogs have been around for an extended period without going for a walk, and this one had it in spades. My shoes actually gasped and groaned. Would this have been a good thing to walk into unawares? Hmmm. Wonder if the health department would have had anything to say? I doubt the agent knew - she was from another county.

BTW the windows were so dirty I don;t think my camera would have worked. 

And then there was the "mold" house my buyer told me about. After hearing about it, it was clear it was probably not a place they should have gone into...he said this himself. The extent of the black substance he thought was mold was beyond description, and that was what you could see...large holes in the walls suggested darker secrets lurking within. A potential health hazard? Probably. Certainly not a good place for a buyer to walk into with respiratory problems.

Another house had problems of its own but it wasn't clear what. We did think the investigative efforts were admirable, but wondered what the issues were, and how it was going to be repaired. Or is that the buyer's problem? Not mine, said my buyer. 

Wonder what this is about?    Wonder what this is about?

It seems that these sorts of properties used to be unique, and a rare surprise. I am now usually thrilled when I don't chance upon these problems. I do find myself worrying more about the health issues we seem to confront more regularly. There are some homes that should be posted "proceed at own risk."

Clearly there is a need to extensive due diligence when accosted with issues such as this. Problem is, is makes buyers wonder what else is going on that is not immediately obvious.

Maybe it's a great deal?

************************

If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360
or email me at JDowler@remax.net.

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All content copyright © 2008 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®


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Diane Aurit
LKN Realty, LLC - Mooresville, NC
Lake Norman Real Estate

So true Jeff!  I am working with a number of buyers so am showing a lot of property. One of the first questions I ask myself is what is wrong with it?  Particularly if a house has been sitting vacant it's very unpleasant what we find.  That's when I wonder where the listing agent is and why they aren't doing anything about the problems.  One listing had been sitting for 2 years and was just plain dirty.  Why hadn't the listing agent cleaned it up????

Sep 27, 2008 03:37 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

These homes need to be sold at a fire sale to investors. 

This is one of the fall outs from folks buying homes to the limit of their financial ability.  They have no money in reserver for maintenance.  Sad.  Homes are expensive to maintain. 

We'll see more of these as we get further into this mess. 

HEY!  If the government buys all of the bad paper, perhaps the banks could hold "Absolute" auctions and set some consumers with a vision take these houses and make homes out of them.

Sep 27, 2008 03:39 AM
Carol Knott
RE/MAX The Woodlands & Spring - The Woodlands, TX

We walk a thin line with what to say and what not to say, I think. I consider it my responsibility to point things out with the disclaimer you used "I am not an inspector, but..." One thing we can definitely say to buyers is, "You need to think resale. Some day you will want me to list this for you."

Sep 27, 2008 03:42 AM
Carey Pott
January Financial - Foothill Ranch, CA

This is great information Jeff, and I applaud you for being so conscientious. I always try to err on the side of overdisclosing, and let people make up their own minds.

Sep 27, 2008 04:01 AM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

I agree with Carol that we walk a thin line. However, I think we are looking out for our client's best interests. I have been in houses that you absolutely feel dirty when you leave! I was looking at one foreclosed home, and the pool was sooo green you could not see the bottom, and I ushered my client away from the side . . . there were fish in it - apparently mosquito fish put there by vector control.

Sep 27, 2008 04:08 AM
Brian Lee Burke
Kenna Real Estate - Lone Tree, CO
Broker & Advising Expert-Kenna Luxury Real Estate

Brian shows a boat load of houses (while I am usually behind the computer) and he is seeing more and more of things like you have described above. Yikes. ~Rita

Sep 27, 2008 04:08 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jeff I love the cement pond, but that green stuff has got to go, and the sign of mold is not very good either.  "Proceed at Your Own Risk" is right on the money.

Sep 27, 2008 02:01 PM
Scott Mazza
Stewart Title of California - Ventura, CA

That is good information to follow. I will pass this on to a couple of board members on Monday Jeff. Thanks.

Sep 27, 2008 02:08 PM
Kelly Sibilsky
Licensed Through Referral Connection, LTD. - Lake Zurich, IL

If these properties don't sell soon, they will become even more run down and health hazards. It's such a shame.

Sep 28, 2008 01:39 AM