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#425689 - 07/05/13 12:35 AM Cracks in exterior Brick-
shawna Offline
Junior Member

Registered: 07/05/13
Posts: 2
Loc: indiana
I want to make an offer on a fannie mae reo and there are cracks in the exterior brick that would cause me to lose 1500.00 if the inspector says they are structural. I cant get an inspection until I make an offer, if I make an offer and the inspector says the cracks may be structural I cannot get a loan and I would lose the earnest money and fee for inspection. The first crack is large enough to stick my finger tip in and it starts at the ground and goes up to the window vertically and in a pretty straight line, the 2nd and 3rd are a little smaller in width and are from the top corner of each side of the window and are diagonal. Can you give me an opinion on if you might say these are structural or not?

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#425692 - 07/05/13 06:25 AM Re: Cracks in exterior Brick- [Re: shawna]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7588
Loc: Vermont's North-East Kingdom
Why do you think you would lose the Earnest Money Deposit ?
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#425700 - 07/05/13 11:08 AM Re: Cracks in exterior Brick- [Re: shawna]
Inspectorjeff Offline
Member

Registered: 08/31/06
Posts: 80
Loc: Santa Clarita, CA
Is the "exterior brick" a veneer? If so, they (the bricks) are not structurally integral to the residence.

If the home is of masonry construction, cracks that large are certainly worthy of being structurally significant.
_________________________
If your inspector is not using thermal imaging, you're not getting the whole picture. �

Jeff Pope
JPI Home Inspection Service
Santa Clarita CA
(661) 212-0738
http://www.MyInspector.net

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#425712 - 07/05/13 09:27 PM Re: Cracks in exterior Brick- [Re: Vermont]
shawna Offline
Junior Member

Registered: 07/05/13
Posts: 2
Loc: indiana
It is being sold as is and if I make an offer I cant go back out because I found out something was wrong with it. At least that is what my agent told me.

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#425737 - 07/06/13 08:02 PM Re: Cracks in exterior Brick- [Re: shawna]
Inspectorjeff Offline
Member

Registered: 08/31/06
Posts: 80
Loc: Santa Clarita, CA
So if you open the front door and living room has disappeared into a 20 foot-deep sink hole, you can't back out?

I suggest you either (1) walk away now, or (2) find new representation.
_________________________
If your inspector is not using thermal imaging, you're not getting the whole picture. �

Jeff Pope
JPI Home Inspection Service
Santa Clarita CA
(661) 212-0738
http://www.MyInspector.net

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#425760 - 07/08/13 06:32 AM Re: Cracks in exterior Brick- [Re: shawna]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
I was not aware that fannie mae would not refund the earnest money during the 7 day inspection period. This sounds wrong.

However, if it is true then start looking for another house.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#425813 - 07/09/13 08:55 PM Re: Cracks in exterior Brick- [Re: shawna]
JackREO Offline
Veteran Member

Registered: 09/02/08
Posts: 849
Loc: Massachusetts
Shawna; Your agent is completely incorrect. I've sold over a thousand Fannie Mae properties and their addendum specifically states there's an inspection period. There is an standard addendum on HomePath.com that should specifically allay your concerns. While the seller is under no obligation to repair (hence as is), you do have the right to withdraw if the results are not to your satisfaction. I would also recommend having a contractor take a look when you have the inspection so you'll have a cost estimate.

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