Over the years we have all
seen, or maybe even written, real estate ads with phrases designed
to get attention. Ads
with "Plumbing Recently Replaced", "New Roof", "Totally
Renovated" grab our attention when shopping for a home. Terms
like these can help sell a home, but they can also come back to haunt
you. Let me expand on the listed examples:
"Plumbing
Recently Replaced"
Eager sellers and salespeople often describe plumbing
replacement work improperly. Plumbing Recently Replaced could mean
replacement of the fixtures only - things may look new but the real
concern is in the supply and waste piping condition. Is the supply
piping copper, galvanized steel or plastic? Has all or part of the
piping actually been replaced? One common technique for replacement
of deteriorated galvanized steel piping with copper is to replace the
horizontal runs in the attic first. At some later date the intent is
to replace the vertical sections in the walls. Sellers and salespeople
routinely claim that the supply piping has been replaced when, in fact,
only half of the supply piping has been replaced. Then come the leaks
. . .
"New
Roof"
The term
new is the first problem with this phrase, better is to give an age or
date of replacement.
Has the entire roof
been replaced or just a portion? Did a licensed contractor as evidenced
by a receipt do the work? In some cases the term "New Roof" is
nothing to brag about because Uncle Bob put it on with his friends
during a weekend filled with lots-o-beer and pizza. The new roof being
touted may require a complete tear-off and replacement, by someone
with actual competency, in order to be considered a reliable roof.
"Totally
Renovated"
Here
is a phrase that means something different to everyone. To me "Totally Renovated" means
that every part of the house that shows wear has been replaced. I would
be upset to
find out that the roof is really ten years old, the heating and cooling
system is eight years old, etc. on a house that was claimed to be totally
renovated. Even though the middle-aged systems may not require replacement,
it is misleading to use such broad descriptions of condition.
There are many more expressions that cause confusion.
You can likely think of others. Use of overly broad statements regarding
property condition keeps real estate lawyers in business. Be careful!
A home inspection can provide protection on the important issues regarding
property condition and the extent of repair work or renovation. Without
an inspection, everyone involved in the real estate transaction is
at risk. |