Hi Fellow realtors, I have purchased an existing new home (1.5 yrs old) and been in the property for four months. The property was tenanted earlier. I recently found that the pressure reducing valve on the water supply pipe is broken, it has clamps to press the spring which is a bandage. This was mentioned by a service man from the water supply company. This was a shocker as this was not brought to my notice or mentioned by the real estate sales agent. What avenues do i have to get the real estate agent get it fixed and do the right thing. Thanks in advance. Pal
By the sounds the fault is within your property,otherwise the water supply company would have fixed the problem, so you will have to pay a plumber ,not sure how you think the RE will pay..
"not sure how you think the RE will pay.." well RE will need to be honest with disclosures, even the pre-purchase building and pest inspections will not cover such issues and not all the buyers are literate in all aspects of home, especially first home buyers. Asking for honesty is not much when one is paying the full agreed price, so you will expect and demand the right thing.
The REA works for the vendor not the purchaser. Yes the REA needs to be honest with his/her answers if he/she knows and if you ask the right question/s. It is not the REAs job to either mention it, nor "bring it to your notice".
If you intend investing in property long term,and you have to be willing to adapt , instead of focusing on the unfairness of it all..Plumbing faults like this happen all the time,and unless you had the water bills for the past six-months prior to settlement then its your problem..
Call your water supplier. If it is on their equipment they will repair it for free. If you get a plumber you will have to pay though, so get them to send their technician. Worst case they will say no
Thanks for the suggestion. The pressure limiting valve sits on the home equipment. Supplier serviceman did come to attend the issue and helped with fixing the existing bandage, but there should be a proper pressure limiting valve.
House is only 1.5 years old. Could it be covered by the builder's warranty? I had one installed on my hot water system inlet. Cost about $150 a few years ago. It's not a big deal.
I agree with @datto . If the builder wont cover it under their warranty it should be covered under the manufacturer warranty under consumer law. I think minimum allowed is 2 years for any product.