Things I'm happy about today

I’m the “curious” prospective buyer. If I like a property, I get everywhere - attic, crawl space, outbuildings. I note construction materials, settling, age & functionality of systems & appliances. I carry a small level and marbles. I gather as much history as available, even talking with amenable neighbors during the due diligence period. Does the lay of the land present any potential hazards or problems with stormwater runoff? Health and proximity of trees on the lot and neighboring properties?
Yadda yadda yadda… Likely, you’ve heard it all from just about everybody. Best of luck to you, Mal.
 
Thanks! Yep. Thats the same story here x5. Wife seen a news story the other day about people buying houses cash, sight unseen, waiving inspections and appraisal. Some of them have gotten theirselves into some real money pits.

The only way I would do that is if I had a whole bunch of FU money and I probably wouldn't do it then either.
My house was really fortunate. New floors, hvac, roof, plumbing, and lots of other new pieces (toilets, door handles, etc). Two weeks after I closed, the house two houses up closed and the guy is basically having to renovate the whole place unexpectedly. He’s discovered faulty wiring, plumbing leaks (which resulted in moldy/wet walls), electrical fixtures shorted, and who knows what else. It’s a scary time to buy. Gotta make such a quick decision.
 
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The house, for the price point, is very nice. However, the sales history popped up a warning flag for me. Gotta do some deeper research on it.

EDIT: Realtor just texted me the "why" it was bought and then put up for sale 2 months later. Single lady bought then met a man and she has decided to move to Georgia to be with him.

I hope the guy's name wasn't Joe
 
I’m the “curious” prospective buyer. If I like a property, I get everywhere - attic, crawl space, outbuildings. I note construction materials, settling, age & functionality of systems & appliances. I carry a small level and marbles. I gather as much history as available, even talking with amenable neighbors during the due diligence period. Does the lay of the land present any potential hazards or problems with stormwater runoff? Health and proximity of trees on the lot and neighboring properties?
Yadda yadda yadda… Likely, you’ve heard it all from just about everybody. Best of luck to you, Mal.

Did you apply the same level of scrutiny before you got engaged?
 
We lived together enough years to know that our bond of love was strong enough to survive bringing our families together for our wedding, if that’s what you mean.

That's very cool but I was hoping for salacious details on inspecting the crawl space.
 
My house was really fortunate. New floors, hvac, roof, plumbing, and lots of other new pieces (toilets, door handles, etc). Two weeks after I closed, the house two houses up closed and the guy is basically having to renovate the whole place unexpectedly. He’s discovered faulty wiring, plumbing leaks (which resulted in moldy/wet walls), electrical fixtures shorted, and who knows what else. It’s a scary time to buy. Gotta make such a quick decision.
This. The very thought of spending $3XXK dollars on place that is expected to be turnkey and then finding out I just asked Walter Fielding to hold my beer, gives me IBS.

Our biggest fault/asset is that we are too slow for this market. We will drive around perspective neighborhoods to get the "feel". We want to ask querstons. We don't want to commit to quickly, we like a cooling off period to see if we really REALLY want to commit to it.
 
My house was really fortunate. New floors, hvac, roof, plumbing, and lots of other new pieces (toilets, door handles, etc). Two weeks after I closed, the house two houses up closed and the guy is basically having to renovate the whole place unexpectedly. He’s discovered faulty wiring, plumbing leaks (which resulted in moldy/wet walls), electrical fixtures shorted, and who knows what else. It’s a scary time to buy. Gotta make such a quick decision.
Did he not get an inspection? If so, the inspector must have been @joevol33.
 
This. The very thought of spending $3XXK dollars on place that is expected to be turnkey and then finding out I just asked Walter Fielding to hold my beer, gives me IBS.

Our biggest fault/asset is that we are too slow for this market. We will drive around perspective neighborhoods to get the "feel". We want to ask querstons. We don't want to commit to quickly, we like a cooling off period to see if we really REALLY want to commit to it.
Being slow is fine. Drive by the places at night to see what's up around the neighbor hood. Drive by after it rains & see how the water drains.

Having a kitchen that faces West will result in a air conditioner having to work overtime in the summer if the oven's fired off
 
This. The very thought of spending $3XXK dollars on place that is expected to be turnkey and then finding out I just asked Walter Fielding to hold my beer, gives me IBS.

Our biggest fault/asset is that we are too slow for this market. We will drive around perspective neighborhoods to get the "feel". We want to ask querstons. We don't want to commit to quickly, we like a cooling off period to see if we really REALLY want to commit to it.
I've seen reports the buying craze will calm by fall
 
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