Updated over 12 years ago on . Most recent reply
Purchasing MF - need advice on next steps
Looking to purchase a 6 family building. Inspection came back with a bunch of issues. Whats is best strategy in getting these addressed? Request seller to fix or negotiate credit adjustments to price?
| Termite damage - needs to be treated |
| Temite damage - extent of damage unknown so need to inspect further |
| termite damage - damaged beam needs to be reinforced properly. Right now have makeshift wood column providing additional support |
| Electrical - replace Federal Pacific equipment, replace fuse panels with circuit breaker panels, remove or disable any knob and tube wiring |
| move air conditioner so can inspect fire escapes |
| chimney -Have a qualified chimney contractor service or repair the chimney(s) as required to assure long term function and safety |
| Old Roof - have roof contractor inspect and find out cost to replace as its old |
| Some floor tile in common halls is older 9 inch floor tile of a type commonly containing asbestos - do I need to be concerned? |
| Section of drain pipe poorly connected into opening into older drain pipe - this is health hazard so need to rectify |
| back entry steps need to be repaired or replaced |
| roof drainage - Have the roof drainage system cleaned and maintained on a regular basis by a qualified gutter maintenance company, do I need flood insurance? |
| plumber replace all old iron or brass water supply pipe and aging shutoff valves |
| plumber replace the lead water main and main water shutoff valve and repair or replace it as necessary |
| Pro-active replacement of these old heating systems with new units. |
| Have a qualified contractor modify the stair railings to ensure they are safe and comply with modern standards. |