Posts Tagged ‘bsmt

need help we’re buying a foreclosed home. issue: new main and other drain pipes is exposed in the bsmt .?

Friday, June 26th, 2009

This home is perfect! or nearly perfect. Homes in the surrounding area or in the same subd are sold. Except for this one. The outside looks awesome. backyard is fantastic. Interior is fantastic. roof is newer. walls have no holes. no missing doors or broken glass.
issue 1. No fridge. 2. the previous owner installed a new main drain pipe – pvc pipe that collects dirty water from sink in the kitcken, tub, toilet… It's in one room in the bsmt. it's about 4 inches radius. vertical from ceiling to flooring. the walls behind it are drywalled and painted. in the ceiling is drywalled. but collector pipes from the sink, tub, toiled are also exposed. they grew out of the drywalled ceiling into the main drain pipe. the rest of the area are drywalled.
It nearly look like that the pipes are for decoration. they're painted black. walls behind them are painted red. looks like they were done professionally though. no leaks. the room is fully finished!
I told my realtor that I could get a used fridge just so appraiser will have no issue with that. But what should I do with the drain pipes that are coming out of the ceiling and a main drain pipe standing like a decor in one of corner of the room in the bsmt. oh also the sump pump pipe and hole is sitting in another finished room next door.
We reckon the previous owner was a hispanic family and had the bsmt separated into rooms so people can sleep in there.

please advice.
we still like the house. but we just want to make sure that we can still get FHA loan. we got pre-approved for a FHA loan in VA.

thanks

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