We recently closed on our home after going through all the motions and inspections and asking all the questions to ensure we purchased a good property that would not hurt our family financially or be a burden. We have lived there for 3 days and cannot get the home warm even running a fire, pellet stove, and the heat pump/electric baseboards/spacepak. The thermostat is set at 60 degrees and won't even go above 39 degrees. We had an inspector look at the system for functionality during our home inspection who found the system working etc. However, we had a heating/cooling guy out today who informed us the reason it won't heat the home is that the system is not large enough or powerful enough (it is a spacepak, our home has electric heat) which also means it is not enough to cool the home. The system was installed by the sellers in 2009, they never disclosed on the property disclosure form an inadequate heating and cooling system or any problems related to it. She also told us her electric bills ran 150-200 a month, and now that we have closed and the electric company had set up our account, we have been told their bills had run $800 a month in the winter and $400 in the summer, this could bankrupt us as that is more than half our mortgage alone in bills. We really need some advice here. We are going to an attorney but can't get in for a few days and are sick over this. We have two small daughters who can't even come home because it is a meat locker and truly dangerous for them to be there right now.
Read more: Failure to disclose real estate with heating and cooling system?
