[stroglass]

There are two agents involved ours and theirs this is making me think agent change in the offing

[Portia]

Our first deal fell through too due to a nasty listing agent..from realty excutives.. went to the villages agent and found.. a great home at a better price in a great area .. don't give up ..it just wasn't the house for you.. chin up .. its out there !!!

[oot]

I had my heart set on one house, and when we made the offer the homeowner was not willing to come down on the price even though it needed some repairs. We walked away and ended up with an even better house - for less money - and in the perfect neighborhood! Sometimes things happen for a reason. Hang in there!!!

[billethkid]

there are just too many options to put up with ANYTHING that does not meet your desires.

I am curious what the owner has done to render the electrical panel as Dangerous or not passing inspection.

As you stated there are two real estate reps involved...then we know they know the procedure for failed inspection items. Yes the seller can refuse to repair any item on the list. And no you do not have to complete the transaction with an unacceptable inspection report....your realtor knows this!!

btk

[OBXNana]

We live in PA and have no idea what costs are in FL. In this area there are Federal Pacific boxes that must be replaced prior to selling. In a property 2 years ago the cost was less than $3,000.00 for a 200 AMP line. In a property we recently purchased we will replace the box (220 AMP I think) and the estimate came in at $3,200.00. This is working with a licensed electrician and getting inspections by the municipality. Nothing under the table. Could you get an estimate for replacement through your Agent? You're probably out of town and the Agent probably has electricians they work with all the time. Then you can possibly split the cost with the seller. Now that this item is known, the seller must disclose (in PA this is the law) and they probably want to sell as much as you want to buy.

[l2ridehd]

This is not an expensive repair. Replacing the entire electric panel with a new one is somewhere between $1000 and $1500 including parts and labor. If you love the house, this issue can be resolved. And as stated above, the seller has to disclose this to all future buyers. So hang in there.

[mulligan]

It also might be worth your while to have a licensed electrician look at the box (we're all assuming that it's the main panel), and determine if it is actually dangerous (a very strong word). I had a similar result on an inspection of a home I sold, and simply needed to get a letter from a licensed electrician stating that no hazard was present.

[CraigC]

I don't disagree with the prior posts and advice, but I have one thought that you might want to check out. Try to confirm that the electrical panel actually is defective, and just not the opinion of either an incompetent inspector or one who will profit in some way by replacement of the panel.

If the seller isn't disputing that the panel is defective, but is stating that he won't pay for replacing it, then there is nothing left to check out. However, it's entirely possible that the inspector is wrong, and the seller is correct if there is a dispute. If there is a disagreement over the inspection report, I would get a licensed electrician to confirm the inspector's report.

[Jayhawk]

Since there are 2 agents involved, you may want to contact their broker/manager. They have financial incentive to get this resolved. The agents may not have even told them about the impasse.

[rubicon]

Watch what you wish for you just may get it. Based on your original posts two concerns come to mind.

First you refer to this transaction as "the dream may not happen" to my view of thinking this is a business transaction and describing in those terms could result in higher expectations than moving here can deliver to you both, perhaps creating buyers remorse.

Secondly, if there is already a known problem with this possible seller whom refuses responsibility what else might be hidden/wrong. the seller's attitude is very telling. Most people refuse to sell their homes unless and until any problems are resolved and of course many states require disclosure on any history of problems.

If I were you the second this seller said "no" I would have moved on. I wish you both the very best.

Personal Best Regards:

[maureenod]

You have an agent so the deposit is held in escrow with YOUR agent, not given to the seller. If it did not pass inspection it is your choice to cancel and get your deposit back. Someone is playing games here. Move on and get another agent. JMO

[2BNTV]

I think you should read the contract you signed, as it should say something about the deal is not consumated. Human nature being what it is, "you'll always have one bad apple giving the rest of us a bad name".

I passed on several houses, until I bought a home. Everything happens for the best. One door closes and another opens up.

Don't give up!!!! I know your feeling slightly down, but there is always another home and this maybe a blessing in disguise.

[sailor47]

Something doesn't sound right. Unless the box has been drowned in water it seems it would be an easy fix. Maybe new breakers or at the worst a new main panel which is probably less than $1500.00.

Look for a new agent. Get your deposit back from your previous agent unless you signed an as is contract.

[Bonnevie]

when I sold my house in St. Pete my agent said in Florida the buyer can pretty much back out for no reason thru the inspection. my first sale fell thru because the buyer, who performed his own inspection, came up with a bunch of bogus claims of problems. Since this sounds life threatening then they have to fix it and if they don't they will have to disclose it to any other buyers.

[gomoho]

Call your agent's broker - they are being derelict in their duties.