New home (to us) and inspection found bowed wood beam - inspector expressed it is load bearing and requires attention
My wife and I, after almost 2 years of searching and many unaccepted offers, found a home that provided us with almost everything we wanted. The journey was long and full of disappointing results after every offer until this one.
Our offer after viewing the home with our realtor included 8% over asking, appraisal gap coverage, and no contingency of inspection. It was accepted and we closed today. No contingency of inspection was something we chose to do as it was the only remaining benefit to sellers that we had not offered in the past, we believe it helped us win this home. We live in an area that continues to be a sellers market (western suburbs of Minneapolis, Minnesota).
The home appraised at offer value. And we closed with no issues. We scheduled a home inspection for an hour after our scheduled closing meeting.
Post inspection we were made aware of a loadbearing beam which requires attention. Looking for opinions and recommendations of next steps.
First ever post on Reddit. Thank you so much for the help.
PS during the walk-through this section of the basement was obstructed from view due to a piling of existing homeowner packing boxes and materials. Hindsight 20/20 is they knew exactly what they were doing. We are not looking to litigate just for opinions and recommendations.
*Can’t edit the title, not trying to be rage bait. This is a column not a beam*