5,773,924
No,
I would not be hesitate, as long as all fact are revealed and an inspector checks it out. A
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Richard Weeks
Dallas, TX
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Pete Xavier
Pacific Palisades, CA
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Inna Ivchenko
Encino, CA
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Nina Hollander, Broker
Charlotte, NC
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Richard Robibero, e-Pr...
Toronto, ON
5,246,705
I have a hard time giving you a definitive answer as I don't know enough about the situation. In these situations I call my insurance broker and have him advise. Make sure that your buyer wouldn't be paying extra insurance post-fire.
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Richard Robibero, e-Pr...
Toronto, ON
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Richard Weeks
Dallas, TX
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Pete Xavier
Pacific Palisades, CA
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Carol Williams
Wenatchee, WA
2,485,135
Obviously it depends upon the severity of the fire and who was contracted to make things right.
Here we had a condo that had a pretty sever fire but the place was put back together in MUCH better shape then it was prior to the fire.
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Pete Xavier
Pacific Palisades, CA
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Inna Ivchenko
Encino, CA
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Nina Hollander, Broker
Charlotte, NC
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Richard Robibero, e-Pr...
Toronto, ON
2,279,362
I think it would depend on the cause of the fire. If it was electrical, I'd be more cautious than if it were due to careless cooking. I'd want to be sure the electical system was thoroughly checked out and upgraded, if necessary. In addition to the typical home inspection, I'd recommend an electrical inspection if the electrical system was the issue. Remember... never ASSuME anything!
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Carol Williams
Wenatchee, WA
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Nina Hollander, Broker
Charlotte, NC
2,419,053
Make sure that all the proper permits were pulled and then get a good inspector
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Richard Weeks
Dallas, TX
1,529,854
First, I would NEVER assume the condo board did anything except make sure the color of paint was correct and the worker's music wasn't too loud.
Second, if it is disclosed and the repairs were done by trained people and the buyer's inspector signs off on it AND root cause was determined and remedied so it wouldn't happen again (if not cooking/human error related) I would have not problem with letting the buyer do what they want. I'd just advise to have it inspected and put that in a report somewhere in writing to cover my tushy should anything happen down the line...
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Pete Xavier
Pacific Palisades, CA
3,988,138
If they have repair bills showing what was done and if the builiding codes peopel were involved I would not hesitate. I present facts and let buyers decide.
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Richard Weeks
Dallas, TX
6,617,246
As long as they got it out all the way you should be fine...
And repairs were made.
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Richard Weeks
Dallas, TX
1,643,007
That's why we recommend to bring all kinds of inspectors. If the price is right and they know how much the damage will cost, why not?
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Richard Weeks
Dallas, TX
1,513,143
It would seem that the town would have had to issue permits and inspect before the work was finished.
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Richard Weeks
Dallas, TX
4,273,325
Tough question but if it was thoroughly inspected and permits were pulled for the repairs I would have no qualms Richard Robibero, ABR, SRS
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Nina Hollander, Broker
Charlotte, NC
5,960,730
That is a good question, and would have to check with the County or City to see if all repairs were done to code.
5,060,546
Let? My buyers have never asked for my permission. My recommendation would be based on many other facts.
5,418,789
I would have a great inspector check it out and ask the Board some questions!
2,538,689
Good morning Richard. As long as there was an inspection done and all turned out OK, not sure why there would be an issue.
4,321,670
Richard Robibero, ABR, SRS - if the buyers are okay with it, know everything about it, and they are happy with the price they are paying, I think it's perfectly fine.
3,207,900
that would be totally between them, the homeinspector and their insurance company. I would be asking for repair records if I was the buyer.
2,234,761
This information needs to be disclosed and also the receipts and insurance information for the repairs should be submitted. Let the buyer's inspector know so he/she can look into this.
4,311,012
1,683,912
I guess it depends on how extensive the fire was and how reputable the condo owners are, as well as what the repairs looked like. I would still have a whole house inspection done.
1,525,616
1,770,885
I would be very cautious knowing there was a fire, and probably ask for some extra days in due diligence so the buyer could fully satisfy themselves that all repair had been completed to an acceptable level.
1,713,576
617,935
Richard,
I would tell the buyers that even if they weren’t legally required to disclose the fire to subsequent buyers it would be a good idea. That unit wouldn’t be my first choice.
3,641,595
Depends. There would need to be a lot of documentation provided by the seller showing how and what was taken care and by who and was it all approved - in writing. And of course we'd hire a home inspector. If all checked out and it was a good buy - why not.
5,352
Send a message in writing to your buyer explaining your concerns with the purchase of a Condo that has had a fire. Be detailed and clear. Print your email for your records and proceed with caution if the buyer still wants to move forward.
556,936
42,670
I would probably just get a fire report to make sure the fire was not started by faulty wiring . If it was faulty wiring I would make sure the situation was remedied in the entire building and not just the subject condo.. Hopefully the municipality did all this but you never know. Other wise I would let my Buyer purchase the Condo..
1,257,608