I always say, “hire a professional” and it is very important when hiring a home inspector to check out your potential new home.
I hadn’t heard of Kitec Plumbing a couple of years ago until a trusted home inspector found it in a home that my Buyer Clients were trying to purchase in Burlington. It was a gorgeous, nine year old town-home in great condition.
What a heart-breaker when the home inspector told us that Kitec Plumbing was found and that it has a high failure rate and was the subject of a class action law-suit.
My clients were still interested in the property but could not live with the lack of peace of mind that this plumbing would bring. Visions of arriving home to a flood was more than anyone should be expected to endure. Now that the Seller knew about the issue, there was an obligation to disclose. This requirement varies by province so speak to your trusted Real Estate professional if you are selling a property which has Kitec Plumbing.
We had an estimate done to totally replace the plumbing and repair any wall damage. Basically fix it and make it look like nothing was touched. We were able to negotiate the price of this repair from the cost of the property and my clients were very happy.
It is vital that you have professionals protecting you and your largest investment.
The moral of the story is “always use a professional” and “make sure you have a great home inspector”.
The other lesson in this is don’t give up on a property you love because of a defect. Let your Realtor® work to help to make your dreams come true.
Contact me for more information and visit my website www.HamiltonRealEstateSales.com