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-   -   We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee home. (https://www.nachi.org/forum/f32/help-buy-home-pay-closing-costs-buy-guarantee-home-126979/)

gromicko 1/8/18 6:12 PM

We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee home.
 
InterNACHI is buying back this home with our "We'll Buy Your Home Back" Guarantee.

The client is worried about a crack in the basement wall.

Here is the engineer's report: https://www.nachi.org/documents2012/...ers-Report.pdf

If you would like to buy it before we do, InterNACHI will help you buy it by paying all your closing costs and much of your downpayment.

InterNACHI would also be willing to finance the home for you.

Here is the link to the property.

Here is the appraisal.

Here is more information about the home: 601 E. Sherwood Road, Williamston, MI 48895 - InterNACHI

If interested, email Nick at fastreply@nachi.org

gromicko 1/9/18 1:05 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Appraisal: https://www.nachi.org/documents2012/...-appraisal.pdf

jfrederick 1/9/18 5:20 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
So I wonder how much to fix?

jjonas 1/9/18 10:10 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Where's the one report we all want to see?

ryoung7 1/9/18 10:38 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Great buy back program.

Typically foundations cracks are misunderstood by home buyers. Unfortunately many home inspectors lack the communication skills to appease a concerned client.

Typically settlement is the cause of foundation cracks. Repairs can be completed using simple polyurethane or 2 part epoxy injection.

Keep up the great work Nick and InterNACHI.

mlarson 1/9/18 12:31 PM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Quote:

Originally Posted by ryoung7 (Post 1827628)
Great buy back program.

Typically foundations cracks are misunderstood by home buyers. Unfortunately many home inspectors lack the communication skills to appease a concerned client.

Typically settlement is the cause of foundation cracks. Repairs can be completed using simple polyurethane or 2 part epoxy injection.

Keep up the great work Nick and InterNACHI.

Did you read the Engineers report including his recommended fix?

gromicko 1/10/18 12:01 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
There is nothing wrong with the wall BTW, and I'll financially back that statement. You buy the house and have any trouble with the wall, I'll buy the house back off of you and pay for all your expenses on both transactions and give you an additional $2K for your trouble.

gromicko 1/10/18 12:02 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Quote:

Where's the one report we all want to see?
What report is that?

gromicko 1/10/18 12:02 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Quote:

Great buy back program.

Typically foundations cracks are misunderstood by home buyers. Unfortunately many home inspectors lack the communication skills to appease a concerned client.

Typically settlement is the cause of foundation cracks. Repairs can be completed using simple polyurethane or 2 part epoxy injection.

Keep up the great work Nick and InterNACHI.
Yep.

ryoung7 1/10/18 1:52 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Quote:

Originally Posted by mlarson (Post 1827725)
Did you read the Engineers report including his recommended fix?

Yes Michel.
My remarks stated the obvious in most cases.
The Buy Back Plan is being instituted in this case.

Great work InterNACHI.

ccurrins 1/10/18 2:46 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Quote:

Originally Posted by gromicko (Post 1828367)
There is nothing wrong with the wall BTW, and I'll financially back that statement. You buy the house and have any trouble with the wall, I'll buy the house back off of you and pay for all your expenses on both transactions and give you an additional $2K for your trouble.

So you're not in agreement with the engineer's report?

gneff 1/10/18 8:31 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Maybe a bit off topic here.
I see these several times a year. Often the cause is pretty evident. What I never understand is why no one addresses or attempts to repair the cause of the issue. Yes, you can brace the wall from the inside or the outside. You can knock holes in the block and fill the wall with concrete, but this doesn't solve the cause. I know as inspectors, that is not our position or job to determine or question the repairs.
Seems to me it is like putting a sump pump in the basement because there is water penetration in the walls. Doesn't stop the issue, just addresses the issue after the fact.

jjonas 1/10/18 9:02 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Quote:

Originally Posted by gneff (Post 1828471)
Maybe a bit off topic here.
I see these several times a year. Often the cause is pretty evident. What I never understand is why no one addresses or attempts to repair the cause of the issue. Yes, you can brace the wall from the inside or the outside. You can knock holes in the block and fill the wall with concrete, but this doesn't solve the cause. I know as inspectors, that is not our position or job to determine or question the repairs.
Seems to me it is like putting a sump pump in the basement because there is water penetration in the walls. Doesn't stop the issue, just addresses the issue after the fact.

Agree, and even though I also think the Engineers Report is crap, I see signs of damage to those walls that need actual repair for long-term, problem free use.

jjonas 1/10/18 9:07 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
Quote:

Originally Posted by gromicko (Post 1828368)
What report is that?

Really? Every member here should be insulted with your reply!
And you wonder why ASHI and most other non-Koolaid drinking inspectors constantly bash you and this organization online.

dbowers 1/10/18 11:01 AM

Re: We'll help you buy this home+pay your closing costs+more $. Buy Back Guarantee ho
 
In my area a 24' block wall would likely take 4 steel I-beam restraints per wall.

8 restraints at $300-$350 each is $2400 - $2800 ..... Then repairing cracks or open joints and you're in there at $4300 - $5000.

Then WHAT made it move .... Tree, negative grade, no drain tile OR sump pump, settled concrete flatwork, etc. The WHAT would need repair also. That could make a total repair get up there closer to $10k

The engineers report gave no numbers, just EXCESSIVE MOVEMENT

The appraisers report said NADA about cracking, movement, etc that I saw and in my area MOST appraisers would drop that out there.

SO, what did the home inspectors report say OR not say.


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