Closed on home and then experianced flood 3 days in!

4 Replies

I just recently closed on a home on a Friday and the property did not record the deed. My agent helped us get in that Saturday with an addendum allowing us to move in and the property would record asap. So, this is where it gets tricky because we experienced a sewage backup in the 2 bathrooms. It caused a moderate damage to the walls and floor boards. At this point we have been going back and forth on trying to get this taken care of the right way. The investor sent his handyman to change out carpet and inspect the damage. I had a flood specialist follow up with quality report and found it was more than just carpet damage. I have been willing to allow the handy do the work if they did it the right way by removing the 4" floor boards and drying the wall( they denied to replace sheet rock). Not to mention the day the handyman who came out failed to mention he disconnected our laundry drain and that led to flood number 2 the next morning. This has been a headache to say the least. Who has the obligation to fix the problems since the home is not technically ours yet? The listing agent is making this very difficult for us to proceed with damage repair that cost them no more than $1200. They have asked my agent to pay half but they denied since it would be a mediation liability for them. Any helpful advise would be great! 

If you've closed the deal, then you would be the owner, in my opinion.  It's just a matter of recording the deed, right?  

Moving in and taking possession would also indicate that you consider yourself the owner, and the recording of the deed is just a minor technicality.

Unless the addendum says something differently?

It is just a matter of recording the deed. We have both compromised on the repair, but it sure has been rough ride. Thank you for the reply!

I don't understand the confusion.  You closed, the seller signed the deed, it's yours!  When the deed gets recorded is irrelevant.

@Joe Lambert well done on getting them to help pay for it!  Not exactly the exciting move-in you were hoping for, but good on you for negotiating a deal on the repairs.

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