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Tax, SDIRAs & Cost Segregation

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Chris Nonn
  • Contractor
  • Elkton, MD
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Between as is contract and settlement

Chris Nonn
  • Contractor
  • Elkton, MD
Posted Mar 22 2014, 08:02
I have a contract on my second house!!! Viewed house and had some problems so signed "as is". Viewed entire house and knew issues. Appraisal guy for bank came and wanted foundation and roof inspection. Inspector came and foundation is fine and around one of the chimneys there was small leak due to flashing which I knew about. ALSO, due to a recent storm a branch fell on overhead electric line which a pole that was attached to house and went through part of roof was partially ripped away from house and now you can see through part of roof for underneath house. To get the final go ahead on roof inspection that has to be fixed as well. This happened after I had the house under contract. Only a few hundred dollar fix but should this be out of my pocket or the sellers? I know I have to pay for flashing around chimney but I don't want to pay for electric pole/roof fix. I settle in 6 days, should I just pay for it or is there something I can do/ should I do. Thanks

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