tag:blogger.com,1999:blog-1412316033303635508.post1556307762761064130..comments2023-10-02T02:51:42.062-05:00Comments on My Freezer is Full: SundayJudy Thttp://www.blogger.com/profile/01121300109427407095noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1412316033303635508.post-45261611220032054702009-03-21T13:01:00.000-05:002009-03-21T13:01:00.000-05:00Buying a house is so stressful and buying an older...Buying a house is so stressful and buying an older one is even more stressful because you have to be careful and make sure you get the inspection and that the sewer and well are ok..electric, plumbing, lead paint..ugh. Keep us updated!slaterlifehttps://www.blogger.com/profile/14735048778919157843noreply@blogger.comtag:blogger.com,1999:blog-1412316033303635508.post-11599327264754024802009-03-20T22:23:00.000-05:002009-03-20T22:23:00.000-05:00Thanks for the ideas. No, we have not had an insp...Thanks for the ideas. No, we have not had an inspection yet. Here, it is customary to have all the inspections done after the deal is 'sealed'. All agreements are contingent on the place passing inspection. We have to pay for all the inspections out of our pockets so we don't want to commit to anything until we're sure we can agree on a price. We will have the septic inspected (one of our major concerns) as well as the house (general inspection, well testing, radon and pest). The problem with the 'comparable' properties nearby is that the houses were all in much better shape. Our realtor actually sold at least one of the comparison properties for the appraisal so he has first hand knowledge. We're fortunate that we have a fabulous realtor who has done lots of work for us already.<BR/>Debbie- thanks for the 'double the materials' rule. That would be pretty easy to estimate. Except for all the work in the basement where we will need to 'deconstruct' lots of walls, electrical and plumbing work. <BR/>JudyJudy Thttps://www.blogger.com/profile/01121300109427407095noreply@blogger.comtag:blogger.com,1999:blog-1412316033303635508.post-7148493824577107042009-03-20T22:10:00.000-05:002009-03-20T22:10:00.000-05:00I live in West Virginia and the rule of thumb here...I live in West Virginia and the rule of thumb here is the amount of the materials and you double it...We have bought 2 investment properties and that is what we paid. I did find however, a fella that did better on that. Usually the Realtors can give you a few names. Don't forget to get a termite inspection. With the creeks nearby it can be a possibility - and I agree with hickchick, get an inspection. As a retired realtor I can tell you when I had farm property and the house was in bad shape, it really was not counted in the price per say...it is mostly the property and buildings more than likely. Did your realtor find comparible sold properties that you can get an idea from?...just a thought...debbieAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1412316033303635508.post-4267457630184740512009-03-20T21:21:00.000-05:002009-03-20T21:21:00.000-05:00Have you had a building inspector go through the p...Have you had a building inspector go through the place yet?? They can often give you an idea of what things cost to repair. <BR/>I hope Sunday goes well for you all!<BR/>KrisHickchickhttps://www.blogger.com/profile/09569529847455539317noreply@blogger.com