Third showing this month fell through because of a plumbing leak I couldn't even see

Wednesday was supposed to be the day I finally closed a deal on that 1950s bungalow near Elm Park, but the buyer's inspector found a slow leak behind the basement wall that had been dripping for years. The seller refused to fix it and the buyer walked, so now I'm back to square one with a listing that's been sitting for 62 days. Has anyone else had a property deal blow up over hidden water damage that takes forever to uncover?

3 comments

3 Comments

nina_hall483d ago

...and that's exactly why I'm starting to think home inspectors just have a sixth sense for finding the one thing nobody can see. Like, cool, congrats on your new hobby of sniffing out hidden water damage I guess?

wells.christopher3d ago

Got a drying company to come out first and use a thermal camera on any listing more than 30 days old. Caught a few small leaks before they became dealbreakers. Saved one sale that way.

lee6893d ago

Pay the drying company double and they'll tell you the house is basically a swimming pool waiting to happen. That thermal camera trick is smart though, just don't let them convince you every warm spot is a leak waiting to flood the basement. Next thing you know you're paying for moisture mapping on a house that's been dry for 20 years.