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Author Topic: Doing my bit to boost the econmy.  (Read 13654 times)
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Pat Pixley
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« Reply #20 on: January 25, 2009, 03:20:33 pm »

Congrat's  Cool Well that means house party at Kilroy's in June tounge.
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Kilroy
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« Reply #21 on: January 25, 2009, 03:47:32 pm »

June works, I'll have the deck power washed by then, the V39 and Captain Fantastic Pinball  machine out of storage, and maybe the Seeburg playing and completed.
Hmm, brats on the grill and a few cold Faygo's, oh yeah, it's a gonna happen
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bubba
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« Reply #22 on: January 25, 2009, 05:01:37 pm »

Congrats... good luck. I hope it goes smooth!
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Ken

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Jim
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« Reply #23 on: January 25, 2009, 06:16:31 pm »

Congrats on the new purchase ! ! !
Hope the rest falls into place smoothly...
   happydrinkers   happydrinkers
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« Reply #24 on: February 07, 2009, 02:15:21 pm »

Ever look at a Vendo 56, think, yeah, this is the one, go back a second time, think, it's going to look primo when I finish it,  taker your restore guy with you to pick it up, and find it's a cosmetically touched up (and poorly at that)  basket case with more bondo than an a aut obdy shop warehouse?

Yeah, the house went like that. Inspection last Friday. Wow.  Major roof issues, pitch issues that caused the water to run into the house were handled by  tarring the heck out of the trusses.  The bathrooms were retiled to hide moisture damage, bathroom exhaust vents venting into the attic,  I could go on,  but bottom line one of the Directors at work  is a liscensed builder, took him out to the house  yesterday to   look over.  Repairs to make it livable - 8-12K. The home is bank owned,m and the seller agent  has said the bank won't give a deal, so I  wished them well, and warned them of the mold issues in the attic.   

And maybe it's a rebound romance,  looked at 2 more this morning, and one is really really nice. 4000sf less, than than the first onew, bigger yard, awesome deck, and move in ready. The previous owners took care of it, and it's for sale since the owners were transferred out of state. Maybe something good came out of this, i'd looked at the online add  for the 2nd house several times, but passed since it didn't have a basement. What the  listing didn't say  was that it had a living room and a large  great room, large as yeah, it will be a kicka** man cave, and will hold several  machines ( soda and juke) with room for the Michigan mafia  to lounge around.

The adventure continues ....
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« Reply #25 on: February 07, 2009, 03:11:54 pm »

Oh well...better to find out before...good to have someone that will be honest and warn you of the issues!
It is a heck of an investment, so best to be prudent!
Good Luck!
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« Reply #26 on: February 07, 2009, 03:29:24 pm »

Jim,

Sorry to hear about the delay.  But as others have already pointed out--the problem is the bank's.  If you had closed they would be yours!  There are plenty of other houses out there and the deals are still available.

Keep looking and always--as everyone who has read this thread has learned--get a good inspection before the contract is binding!  And as far as the banks not dealing--tell the realtor to present the offer--the worst that they can say is no.  Kind of like offerring $250 to a guy who wants $400 for a Vendo 39 with no drum.

Good Luck in the search!

 drinking Tim drinking
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Creighton
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« Reply #27 on: February 07, 2009, 04:16:31 pm »

Wise words from all!
I've found that the right house will just jump out from the crowd. Look at as many as you can. Independent inspection is a must. Electrical and plumbing are the hardest to fix if sub-par.
Hope the right deal comes along!!
Creighton
 
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oscar
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« Reply #28 on: February 07, 2009, 06:16:47 pm »

In my line of work I get to see the work of other trades as well as the work of inspectors. I have new home owners call me to fix problems that the inspector has missed. The most important advice I can offer is you need to find someone who knows the codes. If you can get this guy to inspect your next house I would pay him. Even if you have to pay a licenced inspector and pay him also. It's well worth the peace of mind.
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Kilroy
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« Reply #29 on: February 08, 2009, 11:01:08 am »

I can't say enough to everyone, get an  inspection before closingthe deal.  I love my agent, she suggested putting a clause in the sales contract that allowed us an out based on the inspection results.  Yeah, I'm out $275 for the cost of the insection, but  it's a lot less than the $$ and stress I'd have if I'd bought it.

Tim, as for dealing, based on what we went through already, I know the bank won't dela, and it's okay,  I went out looking yesterday, and found two more potentials, both in move in condition. One door closes, one door opens...

I'll still have the Michigan Mafia BBQ this summer at MY new house
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