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   Woman spends $1M on a house, decides to skip the $500 house inspection. Bad call

05 Nov 2012 12:46 PM   |   34471 clicks   |   CBC
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hoots_toot_ochaye    [TotalFark]  
Looks like she should have had a Holmes Inspection!

i5.photobucket.comView Full Size

05 Nov 2012 12:04 PM
markie_farkie    [TotalFark]  
GIS for the woman reveals this:

media.winnipegfreepress.comView Full Size


Sure looks like someone willing to forgo $500 on a $1 million transaction..

05 Nov 2012 12:35 PM
MightyPez     
Jesus. I am not a big earner by any stretch. When I was house shopping I was pinching pennies wherever I could, but I certainly didn't skip over the inspection of the place I planned to live in for a long time.

05 Nov 2012 12:47 PM
Wolfy     
A million bucks for a house in Winnipeg...

/Palmface.jpg

05 Nov 2012 12:47 PM
jst3p    [TotalFark]  
Somewhere a seller and two Real Estate agents that did practiclly nothing for their thousands of dollars are laughing their asses off.

05 Nov 2012 12:47 PM
Englebert Slaptyback     

Wolfy


A million bucks for a house in Winnipeg...


Maybe that was supposed to be "half of Winnipeg".

05 Nov 2012 12:49 PM
jbensley     
i2.listal.comView Full Size

05 Nov 2012 12:49 PM
JMel     
Well, thats $1M Canadian......meh, thats only like $14K US.

I know, I can't really use that joke anymore....but I refuse to let it die.

/Sure as hell doesn't look like a $1M house to me. Looks like a $450K house in my neck of the woods outside of Dallas.
//Housing Markets...how do they work?

05 Nov 2012 12:49 PM
Smeggy Smurf     
As an architect i'm going to put her name down as a Client To Turn Down.

05 Nov 2012 12:50 PM
Skr     
These instances always sound like horrible cases of denial and blue sky wishful thinking. Hire your own inspectors and do all of the walk throughs including the final walk through. Everyone is out to fark you and it is always best to have a few more pairs of eyes to catch on to it.

05 Nov 2012 12:50 PM
Morrius     
It looks like they're testing missiles on that house.


/too obscure?

05 Nov 2012 12:50 PM
kvinesknows     

JMel: Well, thats $1M Canadian......meh, thats only like $14K US.

I know, I can't really use that joke anymore....but I refuse to let it die.

/Sure as hell doesn't look like a $1M house to me. Looks like a $450K house in my neck of the woods outside of Dallas.
//Housing Markets...how do they work?


this one has a toilet... which ups its sale value in Winnipeg.

05 Nov 2012 12:51 PM
kroonermanblack     
Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.

05 Nov 2012 12:51 PM
The Irresponsible Captain     
Even if the guy is an idiot, it's insurance. Although if I had a cool million to spend on a house, well fark if I would care. It's just some chump change.

05 Nov 2012 12:51 PM
Prank Call of Cthulhu     
It could have been worse. In addition to the rodents in the walls, her unfortunately-racist-named cat could have led her to a subterranean hell-scape below the house where she could have had the very sanity blasted out of her head by the revelation of a Terrible Ancient Secret that would have caused her to dine upon her neighbor to the accompaniment of the infernal piping of a blind idiot Elder God.

So at least she's got that going for her.

05 Nov 2012 12:52 PM
Englebert Slaptyback     

Forsythe said she did not get the home inspected before purchasing it, but she did go in with contractors, engineers and architects several times before the handover and no one noticed anything wrong.
...
The previous homeowner told CBC News he did not know anything about a mouse problem, adding that he would have never sold the house if he did.

Forsythe believes he had to have known, but Jeffrey said it is possible the previous owner may not have seen mice in the house, which was constructed with thick walls and thick insulation.


So none of her "contractors, engineers and architects" noticed anything but she thinks the previous owner "had to have known"?

05 Nov 2012 12:53 PM
kvinesknows     

kroonermanblack: Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.


hook up with some 80 year old grandma.. bang the life out of her (and the house)

05 Nov 2012 12:54 PM
Xcott     
I knew some people who passed on the title insurance when buying a house.

For the uninitiated, "title insurance" insures that the house you're about to buy really belongs to the seller, without any gotchas like a neighbor having a legitimate claim to half your backyard. Since it "insures" against events in the past rather than in the future, you only make a one-time payment for it. It's a typical expense along with home inspection.

Passing on the insurance for whatever reason, my friends later found that the previous owner ran a business out of his house that went into bankruptcy, and some bank claimed it was theirs. I guess they're still living in it so they got the issue resolved, but Cheeee-rist people, pay for the damn insurance.

05 Nov 2012 12:54 PM
LeroyBourne     

markie_farkie: GIS for the woman reveals this:

[media.winnipegfreepress.com image 240x327]

Sure looks like someone willing to forgo $500 on a $1 million transaction..


Is she hiding a tennis ball in her lower jaw?

05 Nov 2012 12:54 PM
foxyshadis     

Skr: These instances always sound like horrible cases of denial and blue sky wishful thinking. Hire your own inspectors and do all of the walk throughs including the final walk through. Everyone is out to fark you and it is always best to have a few more pairs of eyes to catch on to it.


My realtor would actively point out every instance of termites, possible rats, flood damage, etc, every possible chance he could, and he had a good eye for it. We definitely knew we could trust him to get the skinny on a place.

/But that was because he was trying to get us to buy a new place for 5 times as much as the places we wanted.

05 Nov 2012 12:54 PM
wotthefark     
An inspection is money well spent. What a stupid coont.

05 Nov 2012 12:55 PM
Summer Glau's Love Slave     
www.fabcats.orgView Full Size

If only there were some sort of creature that preyed on mice... 

/Just sayin'

05 Nov 2012 12:55 PM
Trainspotr     
I don't know how much of a case she has against the seller. I'm assuming they have some sort of boilerplate "we swear we don't know anything about the NIMH colony living in every wall of the house" language in the contract, but I don't know how you'd go about proving the seller didn't know anything.

05 Nov 2012 12:57 PM
redmid17    [TotalFark]  

kroonermanblack: Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.


I would start by saving money for a down payment. Then I would go looking for something small, bizarre, and cheap in your area. Then I would apply for a ten year loan and subsequently pay that off month by month. I would definitely skip the home inspection though. It's not like someone is going to miss a historic mouse infestation or something

05 Nov 2012 12:57 PM
GoldDude     
Somebody's got to help me.
The seller must have known.
There's got to be SOME way that this isn't MY problem.

05 Nov 2012 12:59 PM
foxyshadis     

Xcott: I knew some people who passed on the title insurance when buying a house.

For the uninitiated, "title insurance" insures that the house you're about to buy really belongs to the seller, without any gotchas like a neighbor having a legitimate claim to half your backyard. Since it "insures" against events in the past rather than in the future, you only make a one-time payment for it. It's a typical expense along with home inspection.

Passing on the insurance for whatever reason, my friends later found that the previous owner ran a business out of his house that went into bankruptcy, and some bank claimed it was theirs. I guess they're still living in it so they got the issue resolved, but Cheeee-rist people, pay for the damn insurance.


Something that's less common and hardly anyone ever knows about until they get bitten in the ass is address insurance - that the place you're buying really is where you think it is. It's mostly for big lots and open lots, but it pops up now and then on old subdivided city lots too. An old boss many years ago bought a lot with a billboard on it, paid a premium price for it, and was pretty screwed when it turned out the billboard wasn't part of the metes and bounds of the particular address he bought.

Cities are slowly digitizing all of this stuff so you don't have to wait in line at the clerk's for six hours to pull it yourself (which is what you pay title and address insurance for), but it's all something you have to think about.

05 Nov 2012 12:59 PM
lifeboat     
FTFA: "Now, she said she will likely have to sue the previous owner."

Unfarkingbelievable. "It's not my fault I'm so farking stupid and irresponsible!"

05 Nov 2012 01:00 PM
Round Fish on Toast     
Ha!

/inspector

05 Nov 2012 01:00 PM
GRCooper     
My dad is a retired contractor and has done countless inspections. I'd have him go through any potential home purchase.

Then I'd hire someone to do it as well..

05 Nov 2012 01:01 PM
Barbecue Bob     
Rich people's problems... meh.

05 Nov 2012 01:01 PM
kvinesknows     

GoldDude: Somebody's got to help me.
The seller must have known.
There's got to be SOME way that this isn't MY problem.


yah.. dont get that. article says she was in there several times with pros of various types... no one noticed.. so why should the owner notice>?

05 Nov 2012 01:03 PM
MindStalker     

Summer Glau's Love Slave: [www.fabcats.org image 431x287]
If only there were some sort of creature that preyed on mice... 

/Just sayin'


Offtopic, can we turn tomorrow into a cat themed day with little to no election coverage? Maybe we can elect the best cat?

05 Nov 2012 01:03 PM
Matt Foley     
Homes that have been featured on Hoarders should have that fact noted on title.

05 Nov 2012 01:03 PM
robodog     

kroonermanblack: Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.


Why do a short mortgage right now? This is the cheapest pool of capital you'll ever have access to, get a 30 year fixed on a house you can afford and drop everything else into investments. That's what I did, refinanced into a new 30 year and took the difference and dropped it into an IRA, that pot of money will grow at a lot more than 3.85%!

05 Nov 2012 01:04 PM
Englebert Slaptyback     

MindStalker


Offtopic, can we turn tomorrow into a cat themed day with little to no election coverage? Maybe we can elect the best cat?


It would probably just turn into Democats v Repawblicans.

05 Nov 2012 01:05 PM
DeathCipris     

lifeboat: FTFA: "Now, she said she will likely have to sue the previous owner."

Unfarkingbelievable. "It's not my fault I'm so farking stupid and irresponsible!"


Hmm....apparently in Canada they don't have "caveat emptor" cuz once you are in the house, it belongs to you beneficiary of the home buying contract. Being a recent home buyer, there was a line of verbage in my house buying contract specifically dealing with this stuff. It went to the effect of anything in this house is your problem now. No one will help you and you have no recourse if something is really dorked up. Remember, you are still responsible for your mortgage.

05 Nov 2012 01:06 PM
bojon    [TotalFark]  
I inspect for HUD. No way a competent person could not have known.

05 Nov 2012 01:07 PM
crabsno termites     

kroonermanblack: Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.



Go for a long term note if interest rates are near those for shorter term. Double/triple/quad up on principal payments. Gives you a safety net if the unforeseen occurs.

/Has worked for me since 1968.
//Have never had a note of any kind run to term
///Haven't borrowed money for auto/real estate since 1992
////Re: the "highly leveraged" folks (know it's a '70s/80's term): May never be as rich as they, but it's for damned sure I'll never be as broke as they can be.

05 Nov 2012 01:07 PM
sniderman     

Morrius: It looks like they're testing missiles on that house.


/too obscure?


1.bp.blogspot.comView Full Size

05 Nov 2012 01:08 PM
Flakeloaf     
Let me be the first to tell you that a home inspection doesn't mean dick. Pretty much all of them have contracts with words to the effect of "I'm only liable for things I'm smart enough to see, diligent enough to describe and stupid enough to not tell you about.". If there's a fault the inspector doesn't see, like a $25,000 hole in the foundation that he called "a minor crack and nothing to worry about" next to "some stonework that might cause problems" of exactly the type he said they hadn't caused, or a fire hazard in the basement bathroom from some moron linking the dryer vent to the bathroom fan despite 26 years of lint making the vent impassable, some asshole kleenex as a building material, exposed 220V wiring behind a leaky shower that I happened to discover with a goddamned drywall saw, etc., you have zero recourse. None. Not against the inspector. Not against the previous owner. The inspector didn't see it, you can't prove the owner knew, fix it yourself, fark you, next case.

/yeah, imadbro

05 Nov 2012 01:08 PM
hammettman     

lifeboat: FTFA: "Now, she said she will likely have to sue the previous owner."

Unfarkingbelievable. "It's not my fault I'm so farking stupid and irresponsible!"


This is what turns the article from "ha ha, what a typical cheap rich bastard" to "ergh goddamnitsomuchthisiswhywecan'thavenic ethings!!!" and yes, those are technical terms.

05 Nov 2012 01:09 PM
zabadu     

JMel: Well, thats $1M Canadian......meh, thats only like $14K US.

I know, I can't really use that joke anymore....but I refuse to let it die.

/Sure as hell doesn't look like a $1M house to me. Looks like a $450K house in my neck of the woods outside of Dallas.
//Housing Markets...how do they work?


And in California, that's an $8 mil house.

05 Nov 2012 01:11 PM
DeathCipris     

Flakeloaf: Let me be the first to tell you that a home inspection doesn't mean dick. Pretty much all of them have contracts with words to the effect of "I'm only liable for things I'm smart enough to see, diligent enough to describe and stupid enough to not tell you about.". If there's a fault the inspector doesn't see, like a $25,000 hole in the foundation that he called "a minor crack and nothing to worry about" next to "some stonework that might cause problems" of exactly the type he said they hadn't caused, or a fire hazard in the basement bathroom from some moron linking the dryer vent to the bathroom fan despite 26 years of lint making the vent impassable, some asshole kleenex as a building material, exposed 220V wiring behind a leaky shower that I happened to discover with a goddamned drywall saw, etc., you have zero recourse. None. Not against the inspector. Not against the previous owner. The inspector didn't see it, you can't prove the owner knew, fix it yourself, fark you, next case.

/yeah, imadbro


THIS

05 Nov 2012 01:11 PM
jiggitysmith     
The reason you have an inspection is so you have legal recourse to back out of a deal before you close (and still keep your good-faith deposit). If you find something horrific like this, you're only out the money for the inspection, which pales in comparison to anything it may find (just doing a Radon test for an additional 100$ on top of our typical inspection up here saved us 1000$ by forcing the sellers to fix it).

Not only is it expected that you get an inspection, but if you are one of the 4 dumbasses that year who decided to waive your inspection, you basically waive any and all legal recourse in the purchase of your home related to inspection contingencies because, I don't know, YOU HAD A CHOICE TO INSPECT THE PROPERTY BEFORE CLOSING THE DEAL AND YOU WAIVED THAT RIGHT ON PAPER. Granted, there may not have been explicit language on the documents waiving the inspection, but before the deal is closed, both sides agree that all contingencies have been met to their satisfaction, which is a nice blanket way of saying, "we're done here, no other issues can be brought up anymore" unless one side had provable criminal negligence in trying to cover up the infestation / whatever it was.

With the infestation being deep in the walls and nothing being visible, as well as waiving the inspection, this woman deserves what she gets through her own gross negligence of treating the purchase of a 1m. home as an emotional investment and not a business transaction.

05 Nov 2012 01:12 PM
Mikeyworld     

kroonermanblack: Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.


Get yer credit score. That'll have more of an effect on the cost than almost anything. And remember that this is a long-term deal. Make sure the basics are solid, ya know? The bathroom is near the bedrooms. There isn't a garage door in the living room. The kitchen has ALL the necessary plumbing. And get the inspections, as this article points out.

05 Nov 2012 01:12 PM
toraque    [TotalFark]  

kroonermanblack: Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.


Every single person even remotely connected with the home building, buying or contracting industry is a crook.

If you know that, and go into it with your eyes open, you should be fine.

05 Nov 2012 01:14 PM
Marcintosh     
Forsythe said she did not get the home inspected before purchasing it, but she did go in with contractors, engineers and architects several times before the handover and no one noticed anything wrong.

well, okay - then chances are the inspector would have missed it too.

05 Nov 2012 01:15 PM
hammettman     
In Canada, do they not require, or suggest, Pest Inspections? eh? That's pretty much foremost in my mind when looking to move into a new place: what kind of creepy crawly chewing nest building stinging fungal growth molding carcinogenic gas seeping THINGS EXIST IN THIS PLACE I know nothing about but where I'm going to live.

05 Nov 2012 01:17 PM
kaseyfarksdaladies     

kroonermanblack: Anyone have advice for a first time house shopper buyer? I'm considering buying something in my area. Personally I like small and bizarre and cheap. But I don't really have 300k to drop over 30 years, and would prefer a much shorter aggressive mortgage.


Yeah. Rent.

/Home ownership is overrated.

05 Nov 2012 01:18 PM
Flakeloaf     

jiggitysmith: The reason you have an inspection is so you have legal recourse to back out of a deal before you close (and still keep your good-faith deposit). If you find something horrific like this, you're only out the money for the inspection, which pales in comparison to anything it may find (just doing a Radon test for an additional 100$ on top of our typical inspection up here saved us 1000$ by forcing the sellers to fix it).


Your realtor is also intensely aware of this and will happily recommend the fastest, cheapest replacement referee to rubberstamp the place as acceptable so the deal can close. Anyone who shows up with a hygrometer and a radon detector will never ever be invited back. Find someone who makes your realtor's skin crawl and blood turn to blood and hire that guy.

05 Nov 2012 01:20 PM
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