buying town house - waiving off inspection after accepting offer from buyer

[Vaaaampire]

Townhomes will hoa which owns the exterior of the homes and its hoa’s responsibility to fix ant issues with exteriors. 
in my opinion, waiving off inspection for townhome is not a big deal

[veerigadu]

3 minutes ago, Vaaaampire said:

Townhomes will hoa which owns the exterior of the homes and its hoa’s responsibility to fix ant issues with exteriors. 
in my opinion, waiving off inspection for townhome is not a big deal

False. May be you are thinking of a condo. Townhomes exterior is not covered by HOA 

[Vaaaampire]

21 minutes ago, veerigadu said:

False. May be you are thinking of a condo. Townhomes exterior is not covered by HOA 

Most townhome covenants, conditions and restrictions (CCRs) require the HOA to provide some level of maintenance, typically limited to exterior surfaces of the home (roof, walls, driveways and sidewalks) and some landscaping.

 

 

[Vaaaampire]

22 minutes ago, veerigadu said:

False. May be you are thinking of a condo. Townhomes exterior is not covered by HOA 

Atleast in CA, exteriors of townhomes are covered by hoa

[veerigadu]

4 minutes ago, Vaaaampire said:

Most townhome covenants, conditions and restrictions (CCRs) require the HOA to provide some level of maintenance, typically limited to exterior surfaces of the home (roof, walls, driveways and sidewalks) and some landscaping.

 

 

"maintenance" is a key word here. It does not entail any ownership. Thus, they wont shell out money to fix repairs. They will probably over see basic preventive maintenance...

[Vaaaampire]

5 minutes ago, veerigadu said:

"maintenance" is a key word here. It does not entail any ownership. Thus, they wont shell out money to fix repairs. They will probably over see basic preventive maintenance...

Did u ever own a townhome? 
 

i did own one few years back. They changed the roof.  Exterior damages were also covered.  They do yearly inspections and fix the issues.

termites is different and owner is responsible for that

[Aquaman]

dont do it with out inspection... foundation issues ki seperation inspection cheyincu

[veerigadu]

49 minutes ago, Vaaaampire said:

Did u ever own a townhome? 
 

i did own one few years back. They changed the roof.  Exterior damages were also covered.  They do yearly inspections and fix the issues.

termites is different and owner is responsible for that

Not sure if it’s a California thing. But it’s new information to me. No, I never owned a town home and I probably never will 

[Galactus]

Dobbeyamanu, never buy house with out inspection, 40 year old ante will have so problems so they could be discouraging you to save money

bro, sry about free advice but buy less than 10 years old homes if you can

[Shiva_kumar]

Thanks a lot guys. they are going to arrange inspection on Saturday( before closing the attorney review). Now Agent is saying that,  If anything not good and feel that worthless to buy after inspection, I can back off from the contract without any penalties.

Also they are saying that townhouse association is responsible for roof and external maintenance. Hvac/heaters are 5 yrs old.  

 

[k2s]

2 hours ago, Shiva_kumar said:

Hi Friends,

I put on offer for one town home and got accepted but my agent came up with that we need to send another contract with waiving off inspection. it is 40 yr old townhouse and average one . only thing it is good community and commute is easy for me. already put 17k extra on asking price. as I am first time buyer, I dont understand whether it is common in NJ area. my agent is forcing me to sign on contract. please your thoughts on this.

1) inspection paisal agent ni ivvamanu 

2) repairs unte avi agent ni cheyinchamnu.. 

ee rendu ok aithey we can waive off inspection anu 

[Aquaman]

4 minutes ago, Shiva_kumar said:

Thanks a lot guys. they are going to arrange inspection on Saturday( before closing the attorney review). Now Agent is saying that,  If anything not good and feel that worthless to buy after inspection, I can back off from the contract without any penalties.

Also they are saying that townhouse association is responsible for roof and external maintenance. Hvac/heaters are 5 yrs old.  

 

come to texas buy a bigger house brand new ..with high ceilings for less money

antunna DB housing president @Sonu_Patel 

[Warangalbidda]

New home ki Nenu 3rd party inspection pettanu .Nuv 40yrs old antunav neku pipes,electrical problems,roof , ceiling evi anni bagunai ani neku thelsa. 3rd party vadu max $500 charge chestadu will give you all problems otherwise you end up in loss brother

[Vaaaampire]

28 minutes ago, Shiva_kumar said:

Thanks a lot guys. they are going to arrange inspection on Saturday( before closing the attorney review). Now Agent is saying that,  If anything not good and feel that worthless to buy after inspection, I can back off from the contract without any penalties.

Also they are saying that townhouse association is responsible for roof and external maintenance. Hvac/heaters are 5 yrs old.  

 

Last para. Thats what i have been saying. Unfortunately most of the folks who gave advice here might not know that hoa covers those for townhomes.

 

 

[meandhrakurradu]

Which area in NJ bro? Depends on that, if edison area then maybe demand still there