gustavowoltmann
New member
This is continuation of our issue but since the subject matter is different I have it on a new thread.
We are left with a choice of either 1) hiring our own renovation company to completely redo the place and have the seller foot the bill or 2) handing back the apartment. We spoke to the home inspector and he said if we go route 2 it surely will involve legals and can drag on for months. While route 1 is more realistic and logical to all parties there is however the aspect of us not wanting to live there anymore. After all, Emotional Damage does exist.
So it leads us to route 3: redo the place then put it up for sale within a year of occupancy. As long as we don't incur a sizable loss we are fine with it. Has anyone come across anything similar (due to family emergency abroad for example), and do you think this decision will affect our reputation with the banks the next time we decide to purchase a house?
For those curious I'm a non-PR holding a spouse visa, with 100% loan.
Edit: Thank you everyone for the comments. We will start with getting the fixes done at seller's expense, no point in thinking too far ahead when the first steps haven't been taken.
We are left with a choice of either 1) hiring our own renovation company to completely redo the place and have the seller foot the bill or 2) handing back the apartment. We spoke to the home inspector and he said if we go route 2 it surely will involve legals and can drag on for months. While route 1 is more realistic and logical to all parties there is however the aspect of us not wanting to live there anymore. After all, Emotional Damage does exist.
So it leads us to route 3: redo the place then put it up for sale within a year of occupancy. As long as we don't incur a sizable loss we are fine with it. Has anyone come across anything similar (due to family emergency abroad for example), and do you think this decision will affect our reputation with the banks the next time we decide to purchase a house?
For those curious I'm a non-PR holding a spouse visa, with 100% loan.
Edit: Thank you everyone for the comments. We will start with getting the fixes done at seller's expense, no point in thinking too far ahead when the first steps haven't been taken.