On 3/26/2013 10:27 AM, bob haller wrote:
> On Mar 26, 9:48 am, "
trad...@optonline.net" <
trad...@optonline.net>
> wrote:
>> On Mar 26, 8:34 am, Art Todesco <
actode...@yahoo.com> wrote:
>>
>>
>>
>>
>>
>>> On 3/25/2013 8:39 PM,
trad...@optonline.net wrote:
>>>> On Mar 25, 7:25 pm, k...@attt.bizz wrote:
>>>>> On Mon, 25 Mar 2013 09:18:33 -0700 (PDT), bob haller <
hall...@aol.com>
>>>>> wrote:
>>>>>>>> on the panel itself when home resale time comes you will regret having
>>>>>>>> a sub panel and pieced together main service.
>>>>>>> Why would that be? As long as it's done to code, nothing
>>>>>>> I know of that's wrong with a subpanel. And the house has
>>>>>>> gas for dryer, stove, HW, so 150 amps doesn't seem low.
>>>>>>> However, if the current panel requires adding bus bars, maybe
>>>>>>> it's time to just add the new subpanel now.
>>>>>>>> the 150 amp panel may be connected to a 200 amp meter can and service
>>>>>>>> drop.......
>>>>>>> Could be and worth checking. But unless the house really
>>>>>>> needs 200, it still seems easier adding a subpanel instead of
>>>>>>> ripping out the whole existing one.
>>>>>> home buyers look at sub panels as a quick patch fix, and may try to
>>>>>> demand the cost of a upgrade off the sales price.
>>>>> Tell them "NO". I've never had a buyer care about a sub panel,
>>>>> though. If their inspection report didn't make it an issue, they
>>>>> didn't either.
>>>> In the typical contract, it would have to be an inspection
>>>> report issue. If the inspector doesn't raise an issue with
>>>> it, the buyer can't just say I want a new panel instead of
>>>> the sub-panel that is there. The contract says they've
>>>> agreed to buy the house, subject to any items that are
>>>> identified by the home inspector.
>>> Not really true. When selling my house, they signed the contract,
>>> pending inspection and later the buyers demanded everything. I
>>> questioned what the contract is for ... I have to abide by it, why not
>>> the buyers? Yes, I did fix the stuff in the inspection. And, actually,
>>> some stuff I didn't fix just explaining that it wasn't a problem and
>>> they accepted it. But the buyers wanted a new house, i.e. everything
>>> new. They "demanded" a new furnace. The existing one was still partly
>>> under original warranty. I gave a little by buying them an extra year
>>> of home buyer's insurance. Then they demanded that all the brand new
>>> carpeting be clean. I just said NO! Ultimately, the carpeting was
>>> actually cleaned and payed for by my real estate agent and (believe it
>>> or not) my attorney ... just to get these "buyers from hell" off our
>>> backs.
>> Well, you're right. The buyer can "try" to demand anything
>> at anytime, for any reason. What I meant was with the
>> typical real estate contract, unless their demand is for
>> something that is flagged in the inspection report, or
>> something else that is very unique and just discovere, they
>> are not legally in the right and would almost certainly
>> lose if the case went to court. Let's say for example,
>> that inspection report says nothing about the carpet
>> or interior paint being deficient. With the typical contract,
>> a buyer that now demands new carpet and a paint job
>> doesn't have a leg to stand on. Sure, as I
>> said, it may not be worth it to lose the sale over $1000.
>> But on the other hand, the seller has to decide when
>> they've had enough and for your lawyer to tell them
>> if they don't perform to the contract, you're going to sue
>> them and keep their deposit tied up in escrow.
>>
>> I was selling a condo once. I had a buyer sign a contract
>> and apply for a 5% down mortgage. I asked them several
>> times if they were sure they could get a mortgage and
>> they said sure, no problem. After about a month, the
>> buyer called and told me they were approved. They
>> sent a letter indicating that to my attorney. Just before
>> the closing, the buyer calls me up and says there is a
>> problem, the bank withdrew the mortgage committment.
>> After some pertinent questioning, he fesses up that it
>> was because he has $50K in outstanding child support.
>> I asked, "Didn't they know that upfront? He says yes, they
>> did." He wants his deposit back. I said, fine, just send my
>> attorney a copy of the mortgage application that shows
>> you listed the child support on it and I'll return the deposit.
>>
>> Needless to say, no such letter was forthcoming. His
>> lawyer did send me a letter saying that if we didn't give
>> the deposit back in a week, they were going to sue me.
>> I called up my attorney and told him to right the following
>> letter:
>>
>> Dear Mr XYZX attorney:
>>
>> I am in receipt of your letter indicating that you want to sue us.
>> I usually advise my clients to avoid litigation, but in some
>> circumstances it's the only way to find out fully what went
>> on here.
>>
>> Sincerely,
>>
>> ddfdfd
>>
>> In other words, go ahead, make my day. Let's go to court
>> so your client can tell the judge how he tried to commit mortgage
>> fraud. We never heard from them again.....
> The ULTIMATE PURPOSE of a home sale is selling the HOME, not getting
> endlessely tied up in litigation.
>
> Both attorneys make money and likely prevent the sale till the
> litigation is settled
>
> For ME, its far easier to maintain a home in ready to sale condition
> than patch fix to save a buck and have it come back to bite me at sale
> time.....
>
> home inspectors will flag a sub panel, hey the main is outdated, its
> 25 plus years old and someone added a sub panel as a patch
>
> Are Parts for Westinghouse main panels still available? If not that
> could be a deal breaker..
What a bunch of nonsense. I just installed a sub panel in a house so I
could add a few circuits to the basement for the purpose of getting a
C/O for the basement, for the purpose of selling the house. On what
grounds do you think a home inspector would contest the certification
from a certified electrical inspector???