In many real estate sale contract, the buyer can built in a certain % of
repair limit and require the seller to fix problems.
Usually the contract will state that it includes things not in working
conditions. Meaning AC not working, or roof leaks etc...
It is pretty obvious a nail hole or a peeling wall paper is not included.
What about a wood deck where 1/3 of it "caved" into the ground? It is a low
spot seems all the water is directed there. Don't know if it is a sink hole
or not being in Miami Florida. Is this also considered a "cosmetic" defect?
The agent seem to think so. I am not so sure. The wood deck is definitely
"NOT in working condition" but is the wood deck part of the "structure"?
Also if I buy this property and decide to fix this, can I call my home
owner's insurance to fix this, or am I stucked with this since it was a
"pre-existing" condition when I bought the property?
Thanks in advance,