1st time buyer questions..
I am just about to have my home inspected before the closing happens..
1... I noticed that the hot water heater is made by a company that went out of business 10-15 years ago and the condition of the heaters effectiveness is in question... not to sound cheap, but do I have the right to have the price of the house negotiated on due to the fact I will have to have a plumber come in and replace it or will it be a case of if it ain't broke I'm not going to bother with the price?
2... I noticed during a bad rainstorm the water in the basement coming in through the foundation walls... the house is over 100yrs old and the basement is made of very large stones and mortar.. it uses a sump pump to get rid of the water.. do I have a leg to stand on if I demand that the cellar walls be fixed or does the seller have the right to refuse to fix it because there is a sump pump in the basement?
The rest of the house has so much potential but I'm worried that we may be walking into a money pit... plz help any advice will be welcome.. thank you