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re: When a dream house becomes a money pit

Posted on 3/27/16 at 7:16 pm to
Posted by diplip
the Mars Hotel
Member since Jan 2011
897 posts
Posted on 3/27/16 at 7:16 pm to
quote:

They offered the seller’s asking price of $650,000, and “she just took it,” Mr. Hicks recalled. In retrospect, he said, “That should have told us something.”


what is this shite?

If i am selling a house and you offer me my asking price, yes, i am going to "just take it".

did they expect her to counter with a higher price than what she was asking?

Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 3/27/16 at 7:21 pm to
quote:

This is why a home inspection is important


A typical home inspection would not catch half of this shite. They are mostly useless.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
74720 posts
Posted on 3/27/16 at 7:27 pm to
quote:

Turns out, he was the outstanding, very respected guy's son who was an idiot, but had the same name



=/=

Posted by just1dawg
Virginia
Member since Dec 2011
1494 posts
Posted on 3/27/16 at 7:36 pm to
quote:

They set their budget at $800,000. In a year and a half, they toured 146 houses, “and then we stopped counting,” Ms. Hicks said. They made offers, but found themselves continually outbid.


Sounds like they really wanted more house than they could afford so they jumped on this when they saw it. I'm sure they had misgivings but for the area it was within their budget (or so it seemed at the time).
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 3/27/16 at 7:50 pm to
You don't have to be a contractor to spot that shite. Plus, why not make a sun room under that deck ya closed in on the left side?
Posted by baobabtiger
Member since May 2009
4952 posts
Posted on 3/27/16 at 8:00 pm to
Sounds like they got screwed by either the inspector or the contractor that scared them to death.
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