WANT of the day
WANT of the day
Out of context: Reply #2245
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- sarahfailin3
I might buy a house from my neighbor in an off-market deal. We've been talking about it 'casually' for weeks.
He doesn't want to deal with any of the things like listing his house, talking to banks, realtors, etc. He's fucked up the place six ways from Sunday by starting projects and never finishing them. The house needs a lot of repairs. The guy's a kook, but for all this trouble, I get to buy a house in the center of town for 25% below market. It'd be the only house in this neighborhood I'd ever be able to afford!
The dude is cagey and easily spooked. He's stopped just shy of saying I should write him up an offer... W A N T
- How are you at renovations??eryx
- Nice. Have a chat with a local lawyer so you can be ready moveGnash
- Good way for you both to save some $$. Hopefully you’re handy (or know handy peeps). It can be expensive! I’ve been doing some myself and the $$ adds up.hardhat
- Also, FYI... building materials are crazy expensive right now too. Like ~ double pre pandemic priceshardhat
- Yep, if you aren't handy, it isn't worth it. If you are, awesomelemmy_k
- Higher prices of materials = low key hyper inflationgrafician
- good luck finding time to do all the work yourself, let alone the help to get it done rightmonospaced
- No kidding, mono. I had to learn how to do most of the work because I couldn't get people to show up to do the work.lemmy_k
- Sounds like it could be a sweet deal. But just in case, pay for a home inspection to see what you are getting yourself into.monNom
- I learned to do some, but so much crap you need another set of hands for! Even hanging a ceiling fixture or basic framing or unloading.monospaced
- That 'lots of repairs' might cost you more in the end than a house down the street in good repair.monNom
- i read you might buy a horse from your neighbor. I read it the 2nd time and now I'm disappointed.pango
- I'm fairly handy. I could learn to do a lot. There's a local group that lends tools. Our local energy company subsidizes a lot of upgrades.sarahfailin
- I'm still waiting for him to ask me to write up the offer. We're texting though... It's a lot like dating. Trying to get to HOME!sarahfailin
- I think it’s an awesome project. I love doing this sort of work. Just expect to take a lot longer than you’re anticipating. That’s my exp in EVERY case.hardhat
- Don’t hesitate. Do itGnash
- When you buy it, all problems are yours. If there is anything major like electrics or walls taken out there could be issues. Without a full survey ...comicsans
- I doubt any insurance company would cover it. I would also get a builder to look it over. Honestly don't - fixer uppers are not for amateurs. Or offer 50%comicsans