Richard Robibero, e-Pro, ABR, SRS, Selling Your Home as if it were My Own! (Panorama R.E. Limited)

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Rainmaker
5,368,504
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No,

I would not be hesitate, as long as all fact are revealed and an inspector checks it out.  A

Jan 07, 2016 04:16 AM
Rainmaker
3,908,652
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have a hard time giving you a definitive answer as I don't know enough about the situation. In these situations I call my insurance broker and have him advise. Make sure that your buyer wouldn't be paying extra insurance post-fire.

Jan 07, 2016 04:35 AM
Rainmaker
1,838,035
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Obviously it depends upon the severity of the fire and who was contracted to make things right.

Here we had a condo that had a pretty sever fire but the place was put back together in MUCH better shape then it was prior to the fire.

Jan 07, 2016 03:59 AM
Rainmaker
1,673,804
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

I think it would depend on the cause of the fire.   If it was electrical, I'd be more cautious than if it were due to careless cooking.  I'd want to be sure the electical system was thoroughly checked out and upgraded, if necessary.  In addition to the typical home inspection, I'd recommend an electrical inspection if the electrical system was the issue.   Remember... never ASSuME anything!

Jan 07, 2016 04:27 AM
Rainmaker
1,965,147
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Make sure that all the proper permits were pulled and then get a good inspector

Jan 07, 2016 12:28 PM
Rainmaker
1,361,958
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

First, I would NEVER assume the condo board did anything except make sure the color of paint was correct and the worker's music wasn't too loud.

 

Second, if it is disclosed and the repairs were done by trained people and the buyer's inspector signs off on it AND root cause was determined and remedied so it wouldn't happen again (if not cooking/human error related) I would have not problem with letting the buyer do what they want.  I'd just advise to have it inspected and put that in a report somewhere in writing to cover my tushy should anything happen down the line...

Jan 07, 2016 11:30 AM
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

If they have repair bills showing what was done and if the builiding codes peopel were involved I would not hesitate. I present facts and let buyers decide.

Jan 07, 2016 09:34 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

As long as they got it out all the way you should be fine...

And repairs were made.

 

Jan 07, 2016 09:03 AM
Rainmaker
1,510,363
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

That's why we recommend to bring all kinds of inspectors. If the price is right and they know how much the damage will cost, why not? 

Jan 07, 2016 05:40 AM
Rainmaker
1,379,314
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

It would seem that the town would have had to issue permits and inspect before the work was finished.

Jan 07, 2016 04:42 AM
Ambassador
3,642,998
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 Tough question but if it was thoroughly inspected and permits were pulled for the repairs I would have no qualms Richard Robibero, ABR, SRS 

Jan 07, 2016 04:25 AM
Rainmaker
4,736,785
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That is a good question, and would have to check with the County or City to see if all repairs were done to code.

Jan 08, 2016 06:05 AM
Rainmaker
3,874,781
Richard Weeks
Dallas, TX
REALTOR®, Broker

Let?  My buyers have never asked for my permission.  My recommendation would be based on many other facts.

Jan 07, 2016 10:07 PM
Rainmaker
4,021,713
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I would have a great inspector check it out and ask the Board some questions!

Jan 07, 2016 09:23 PM
Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Richard. As long as there was an inspection done and all turned out OK, not sure why there would be an issue.

Jan 07, 2016 05:31 PM
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Richard Robibero, ABR, SRS - if the buyers are okay with it, know everything about it, and they are happy with the price they are paying, I think it's perfectly fine.

Jan 07, 2016 02:42 PM
Ambassador
3,021,177
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

that would be totally between them, the homeinspector and their insurance company.  I would be asking for repair records if I was the buyer.

Jan 07, 2016 01:32 PM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

This information needs to be disclosed and also the receipts and insurance information for the repairs should be submitted. Let the buyer's inspector know so he/she can look into this. 

Jan 07, 2016 01:13 PM
Rainmaker
3,332,113
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Richard Robibero, ABR, SRS  An interesting question.

Jan 07, 2016 12:49 PM
Rainmaker
1,683,050
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I guess it depends on how extensive the fire was and how reputable the condo owners are, as well as what the repairs looked like.  I would still have a whole house inspection done.

Jan 07, 2016 12:38 PM
Rainmaker
1,525,205
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I would want to let them know for sure.

Jan 07, 2016 11:48 AM
Rainmaker
1,769,626
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

I would be very cautious knowing there was a fire, and probably ask for some extra days in due diligence so the buyer could fully satisfy themselves that all repair had been completed to an acceptable level.

Jan 07, 2016 08:04 AM
Rainmaker
1,707,347
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I would do some intense due diligence but if it checks out, yes.

Jan 07, 2016 07:11 AM
Rainmaker
591,654
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Richard,
I would tell the buyers that even if they weren’t legally required to disclose the fire to subsequent buyers it would be a good idea. That unit wouldn’t be my first choice.

Jan 07, 2016 06:44 AM
Ambassador
3,223,019
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Depends. There would need to be a lot of documentation provided by the seller showing how and what was taken care and  by who and was it all approved - in writing. And of course we'd hire a home inspector. If all checked out and it was a good buy - why not.

Jan 07, 2016 06:39 AM
Rainer
5,302
Diane Beck
Windermere Real Estate - Missoula, MT
Serving Missoula and Surrounding Areas 24+ Years

Send a message in writing to your buyer explaining your concerns with the purchase of a Condo that has had a fire. Be detailed and clear. Print your email for your records and proceed with caution if the buyer still wants to move forward. 

Jan 07, 2016 05:50 AM
Rainmaker
519,701
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

Disclose and close.

Jan 07, 2016 05:45 AM
Rainer
42,470
Fred Hafdelin
Weichert Realtors - Mountain Lakes, NJ

I would probably just get a fire report to make sure the fire was not started by faulty wiring . If it was faulty wiring I would make sure the situation was remedied in the entire building and not just the subject condo.. Hopefully the municipality  did all this but you never know.  Other wise I would let my Buyer purchase the Condo..

Jan 07, 2016 05:03 AM
Rainmaker
1,136,268
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

You get a newer kitchen..... 

 

Jan 07, 2016 05:02 AM