Monday, June 6, 2011

Hunting for a home, part 3

This part is about the home inspection. Once this part is done, we can either re-negotiate the bid price or go ahead and move forward with the contract. The entire inspection was done in 2 hours and it was quite expensive. However, considering the amount of money the house itself costs, the amount spent on the inspection is negligible.

Anyways, we arrive at the house at the appointed time and the inspector is already there waiting. He meets us out front and we chat while waiting for the real estate agent. The sellers are out, but their nanny is home with the kids and they planned to head out into the city once the inspection starts. So basically, we're all waiting for the real estate agent to let us in and put everything in order. The inspector eventually got impatient and then irritated as we waited and waited, so he started the inspection of the exterior of the house and whatever we could see from the outside perimeter. It's an old house and it's clear that maintenance work has been kept up with over the years.

As we were chatting about the back of the house (we still couldn't enter the premises, so we were chatting about what we could see over the back gate) the real estate agent arrived. She was about 30 minutes late, never introduced herself, made any apologies nor any excuses as to why she was late. When she finally did let us into the house and the nanny left with the kids, she spent most of our time there screaming on the phone using the most mean and rude language. She was so loud and nasty on the phone, that we were hearing her in the basement and the inspector made a comment that she has "some mouth" on her. As we continued the inspection of the basement, it was clear that she was screaming on the phone making actual business calls. I don't understand how anyone can do business with her.

Anyway, the inspection itself was pleasant. The inspector was thorough and explained what things may need work soon and often would include approximate cost of the work. We walked away with the overall impression that the house is in decent shape and has been lovingly maintained by the family living there. There are, however, some important concerns.

For me, the first major concern is the likely presence of lead-based paint. Most of the interior of the house has been painted over several times so whatever lead-based paint there was has been covered up. However, there is evidence of some peeling paint and hollow areas where the old paint has separated from the walls, increasing the risk of lead dust coming out and contaminating the rest of the house. The previous owners never got the house inspected for lead, so they can't tell us much about the risk other than that all the old paint has been painted over at least a couple of time. We will have to get the house inspected for lead and start taking action to get rid of it. Lead abatement via contractor is very expensive and I think for us, would cost at least $30,000. The other option is to do it ourselves. It sounds risky, but I think it can be done since there are tips on what precautions to take on nyc.gov.

In any case, for some reason, hubby is not as concerned with lead abatement as I am. The idea of lead dust getting into me or my future baby really makes me nervous and uncomfortable and just really, really unhappy. Hubby has promised to help remove the lead once we've gotten the house. I just hope it gets done sooner than later.

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