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Should I buy this
Posted: Mon Aug 10, 2009 7:26 pm
by Willc
RE: Should I buy this
Posted: Tue Aug 11, 2009 5:28 am
by Harry
Hi
Looks neat. Will you keep it or flip it?
Harry
RE: Should I buy this
Posted: Tue Aug 11, 2009 9:03 am
by Greg S
The answer to that question depends entirely on what similar homes sell for in the area and how much you estimate repairs will cost.
Also is it an investment or for personal use.
RE: Should I buy this
Posted: Tue Aug 11, 2009 5:37 pm
by Willc
personal use . The only thing that scares me is the water and mold. I plan on ripping off the roof and pressure washing the bottom rock walls and concrete floor with muratic acid. then let the sun shine air it out for a while then put a temp roof on till I frame the rest of the house
RE: Should I buy this
Posted: Wed Aug 12, 2009 7:48 am
by Greg S
But is it worth it?
What are the comps for the area? What are the projected repair costs?
Without those answers it could simply be a overpriced money pit.
Consider how long it has been for sale and if it is a good price why has it not already sold ?
RE: Should I buy this
Posted: Wed Aug 12, 2009 9:37 am
by Willc
Not for sale but the owner will sell it. No comps. I think I can finish it up for about 30K