Congats to Me!

Assuming all the financial stuff goes off without a hitch, I have just become the proud new owner of a 25 year old two bedroom/two and a half bathroom townhome that I can barely afford. (Believe it or not, not all lawyers are wealthy).

There was a little haggling over the location of an existing water heater, but a fairly reasonable compromise was reached. However, I'm still going to look into whether the water heater might be regarded, from a property value standpoint, as a defect due to the very fact that it is not in a location that compiles with local building code regulations. (The placement of the water heater was probably done several years before the enactment of the regulation in question, therefore making it exempt from enforcement). I doubt I'll find anything helpful, but at least I will have the satisfaction of knowing that I've exhausted all possible options in getting out of having to pay for something that, in my opinion, I really shouldn't have to pay (i.e., the cost of moving the water heater).