Trying to buy this House but needs work Realty types help.

[LowBuckX]

Looked at many House but this house in perticular came up and feels right but needs work.
Aside from the 2 car garage that is also almost double deep as a standard 2 car garage. My dad loves the garage and he doesnt get excited about anything.

To the House. Its 1200 square feet (but looks larger) 1910 colonial 2 story.
It has Vinyl siding new windows,furnace, roof is 10 years old,reinsulated outside walls, has a nice yard,and a utilitarian basement that doesnt leak and foundation is solid made of large sand stone block that was locally quarried. with Glass block basement windows.

Needs
New floor support posts (Old wood posts now)
3 New enterance doors (rusted steel doors now)
Paint in all rooms and a few large cracks on walls from sag (old basement posts causing)
Carpet in 2 rooms
Front porch needs raised 3" in one corner and re supported (normal for around here)
Chimmney in attic is "bellied out" and needs re pointed and flashed. You cn see day light out the roof around chimney but no water damage yet.
The vinyl siding is buckled in one spot where they obviuosly had a grill next to the house
Garage roof needs torn off and re shingled

Me and family can do all the work but the chimney.

Asking price is $100,000 down from $112,000 and has been on the market for a year.

We made offer of $90K today because they said the house needed no work But this was obviosly a lie. The realiter got mad over the Phone at us https://static1.pt-content.com/images/pt/2007/01/biggrin-1.gif We also stipulated the chimney get fixed before we make any deal. We figure it needs $5-6k of work up from 0 they claim

We hope to get the house for $94K to get our payment in our goal range.
What do you think should be coarce of action to acheive this goal?

[Vegas69]

The market is weak. They should be thrilled with your offer. I know I would on a few of my listings right now in old Lost Wages. My advice would be to stand firm and see where it gets you.

[MrQuick]

Man I would love to buy a house for $94k, thats a down payment for a fixer upper here.

Stand firm, haggle and keep driving. If the price is good for you don't cave. Also be patient cause there are many deals to come. Word nationally is prices will drop 3-5% by next year. But then again you might loose the great interest rate going now. But who really knows.

[paul67]

Also see if you can find the owner as the realiter might not put the offer to them being as he's not happy with your offer, any pics

[LowBuckX]

Also see if you can find the owner as the realiter might not put the offer to them being as he's not happy with your offer, any pics


http://www.howardhanna.com/apps/propertysearch/homes/index.cfm?search_LN=1453355&action=detail&lnsrc=c&MLSTYPE=CRIS&search_state=OH&search_county=portage&search_cities_list=Brimfield@Portage%7CKent@Portag e%7CRavenna+City@Portage%7CRavenna+Twp.@Portage%7C Rootstown@Portage&search_cities=Brimfield@Portage&search_cities=Kent@Portage&search_cities=Ravenna+City@Portage&search_cities=Ravenna+Twp.@Portage&search_cities=Rootstown@Portage&search_price_range_min=100&search_price_range_max=125000&search_property_type=1&search_min_bedrooms=3&search_min_baths=0&search_Acreage=&search_ZIPCode=&search_schooldistrict=

[CraigMBA]

The realtor is legally obligated to tell the seller about your offer.

[LS6 Tommy]

Also see if you can find the owner as the realiter might not put the offer to them being as he's not happy with your offer, any pics

My wife is a licensed realtor in NJ. In NJ the realtor HAS to put your offer in, regardless of his feelings about it, in writing. It may be different in Ohio.

#1) Get your own real estate agent, working for you.
#2) Find a real estate attorney. They're not required in all states, but he'll protect you on the legal end.
#3) Get a licensed home inspector to inspect the home. You will have to pay for the inspection, however, he will be able to inform you of any structural problems which the current owner should fix. If they refuse to fix a documented structural issue, either renegotiate the price to compensate or WALK AWAY.

Tommy

[LowBuckX]

Im glad I belong to some great web sites. Everyone so far has had great info.
The morgage people require a home inspection and an appraisal. My father is also a trained complainer and picker outter of small detailers...lol

[Bill Howell]

I am a Realtor and contractor too. Realtors must present a signed offer to the seller, period. Be sure to put it in written and put a deadline of 24-48 hours on it. The sellers should respond one way or the other. Like others have said, be sure to leave yourself outs in your offer. Subject to inspections, subject to needed repairs, etc. The general market is very soft right now, so don't be in a hurry to pay top dollar for anything. Patience is a virtue, and can save you big money right now. Be sure to know what the repairs are going to cost, you could be low on your estimates. Also, have an electrician and plumber look at it too, a house that old is bound to have issues in both places. Look for signs of asbestos also in an older house, clean up costs for that can be brutal. Lead based paint is also issues in houses older than 1978 so remember that. Just be cautious buying an older home, nothing worst than your dream home turning into a nightmare.
Good luck with your purchase.

[Bill Howell]

I looked at the link, be sure to check the roof condition also, looks stained in the pictures, and probably needs replacement. That can be an expensive surprise if you aren't careful.

[paul67]

Nice house noticed you could extended the garage rearward to double in size:naughty: .Oh just because the realitor is suppose to tell the seller does not mean he does as you might not ever meet the seller,how do I know had it done to me , found in the housing and planning its not what you know its who you know:ripped: .Just bought a building plot that was based on offers , had to got to planning cause there was some planning problems and was warned off buying it by the planner,went to the seller who said thats funny as she could not say enough good things about it to her Friend who was trying to buy it but at a lower price. Got it but had major hassle getting it sorted as she was the one who made the dessions about it. This in the UK by the way.

[toxicz28]

Look for signs of asbestos also in an older house, clean up costs for that can be brutal. Lead based paint is also issues in houses older than 1978 so remember that.

Exactly what Bill said. Look for asbestos in both insulation and siding shingles under the vinyl.

[LowBuckX]

I think I may have found a deal breaker. Tell me if Im be to overly protective of my young son. There are 11 sex offenders with in 2.25 miles of this house.
Im not ued to worrying about this because there are o within 4 miles of my home now.

[Vegas69]

If he has kids then it may be a wise decision. From my experience most people don't check. Their is no reason a realtor would not want to present an offer within 15k of list unless they are shady and think they have someone themself. One of the previous posts is correct. State law requires a written response even if it is a rejection. Offer what you want and let them know you expect a written response within 48-72 hours.

[bigvegan]

I don't know what to tell you LowBuckX, but here are some thoughts.

In my neighborhood in West L.A., there are 20+ within 1 mile of me, and my neighborhood is a regular middle-class apartment community, and the schools are supposed to be pretty good. (That said, I really hope to be able to raise my future kids somewhere where they'll be able to breathe, so a move may be in my future.)

I don't know where you live, and if your Megan's law website is anything like www.meganslaw.ca.gov, but you probably ought to check on the listings of the individuals and see what they've done.

If they're repeat offenders against children, then heck yes you need to be concerned. If they had a single violation 10 years ago against an adult female, then they're still terrible people, but your son's not in as much danger.

In CA for instance, urinating in public can get you on the registry if the DA's having a bad day (indecent exposure), so get the facts first.

It's weird though, there's no murderer's registry. You'd think that would be something we'd want to know also.

Good luck!

[LowBuckX]

I just reseached all 11 men and most are Corruption of a minor or Sexuall imposision.<spelling I beleive those would be stachitory<spelling offences. 1 rapeist 1 Molestation of a Male child. He is an Old man and pic of him looks like he is mentally retarded.

All others are offences against females. So I have to seriously think about it and talk it over with the wife.

[Bill Howell]

Nice house noticed you could extended the garage rearward to double in size:naughty: .Oh just because the realitor is suppose to tell the seller does not mean he does as you might not ever meet the seller,how do I know had it done to me , found in the housing and planning its not what you know its who you know:ripped: .Just bought a building plot that was based on offers , had to got to planning cause there was some planning problems and was warned off buying it by the planner,went to the seller who said thats funny as she could not say enough good things about it to her Friend who was trying to buy it but at a lower price. Got it but had major hassle getting it sorted as she was the one who made the dessions about it. This in the UK by the way.

I was reading this and wondering where you lived then I saw England. Locally here in the states, you can go to your City Hall and instantly know the zoning. Not sure what you mean by planning though, Planning here is what the owner is building on the property or how a developer is going to develop acerage.

[Bill Howell]

I think I may have found a deal breaker. Tell me if Im be to overly protective of my young son. There are 11 sex offenders with in 2.25 miles of this house.
Im not ued to worrying about this because there are o within 4 miles of my home now.

Just my thoughts on the subject, you don't have to have a crimminal record to be a sex offender. I will bet money you have one within two miles of your house, anywhere in the country in an average community, that is just the condition of our society. They just have not been caught yet. I feel it is the parent's responsiblity to KNOW what, where and who their kids are coming in contact with.PERIOD. It looks like you are doing that, just by what you did finding this information. Parents in general now days just either don't care, or have their head up their butts and don't see the telltale signs of problems brewing.
No way in hell I would depend on a website to tell me where to live. Then again, I live in the south and we still have and carry firearms.....

[6'9"Witha69]

I think I may have found a deal breaker. Tell me if Im be to overly protective of my young son. There are 11 sex offenders with in 2.25 miles of this house.
Im not ued to worrying about this because there are o within 4 miles of my home now.That is a much lower per capita than anywhere in SoCal. My wife and I did the same thing when we were putting in offers a month ago. Sounds like the area is still good.

I also agree with all the advice already given. I paid more for a REALLY good home inspection when we thought we found the ONE.

And yes it is a buyer's market right now.

[mdprovee]

I think it is better to know how and where these people live, because there are always the ones you dont kow of.

[TonyL]

As for the sex offender thing, it's the worst thing ever to try and judge where you should live. Fact is, a lot of those people peed drunk in public and they get the same charge as child molester if it were at a park or in a parking lot. My apartment complex was home to a "sex offender" The guy was 17, his girlfriend was 16. They are both in their thirties now and are married with 3 kids. Her dad found out about them and freaked and now he gets to have a mark like that over his head forever.

/just something to think about.
//Houses that old may have asbestos floor tile and vinyl as well.
///Make sure there's no lead pipes. Find out about the water there. Hows it smell and taste? City or well? How old is the well? how deep? etc.

Living on a dry well sucks big time.

[73ta]

Here is my advise, don't take anyone's advice here other than the Realtor in your state that you are working with. Hopefully not the same Realtor that is listing the house! Even though there are Realtors here, myself included, we don't know your local states laws, the local market or the condition of the property. If your Realtor isn't representing you properly get another one.

[muthstryker]

I just reseached all 11 men and most are Corruption of a minor or Sexuall imposision.<spelling I beleive those would be stachitory<spelling offences. 1 rapeist 1 Molestation of a Male child. He is an Old man and pic of him looks like he is mentally retarded.

All others are offences against females. So I have to seriously think about it and talk it over with the wife.

dont know how you feel about guns but maybe getting your wife a concealed weapons permit.

[LowBuckX]

Heres is where it stands. The house is out. And not just on its age. I still think we could get it up to snuff in short order but these are the deal breakers.

I spoke to a former local LawEnforcemnet officer and he gave me lowdown on the area.

1) The sex offenders. In my state they list the offences so I know what they did. 1 lives 1 block from the elementary school. WTF is that?
2) 2 Streets over is a known area of prostitution and heavy drug sales.
3) A homeless shelter is almost visible from the house. Im all for the homeless having a place to sleep but when they arent sleeping they are roaming the streets and napping on people front porches and in their bushes. The officer told me that its a daily acourance to answer 4 or 5 calls about the homeless begging door to door.

I know for the city folk these are daily and normal things but not where Im at. And My child will not be subjected to this.

We are speaking to a realter this sat to work for us on getting a home in a good area. All this advise Ive been give has opened my eyes.

[bigvegan]

Good call. Take your time, I have a feeling houses will be getting cheaper for some time yet, at least if the folks at http://thehousingbubbleblog.com know what they're talking about.

[Karch]

I don't know what to tell you LowBuckX, but here are some thoughts.

In my neighborhood in West L.A., there are 20+ within 1 mile of me, and my neighborhood is a regular middle-class apartment community, and the schools are supposed to be pretty good. (That said, I really hope to be able to raise my future kids somewhere where they'll be able to breathe, so a move may be in my future.)

I don't know where you live, and if your Megan's law website is anything like www.meganslaw.ca.gov (http://www.meganslaw.ca.gov), but you probably ought to check on the listings of the individuals and see what they've done.

If they're repeat offenders against children, then heck yes you need to be concerned. If they had a single violation 10 years ago against an adult female, then they're still terrible people, but your son's not in as much danger.

In CA for instance, urinating in public can get you on the registry if the DA's having a bad day (indecent exposure), so get the facts first.

It's weird though, there's no murderer's registry. You'd think that would be something we'd want to know also.

Good luck!

Bigvegan, where abouts do you live? I too am on the Westside.

Oh...the local school my son goes to is actually a great school. The Parent board is very active, and they raise a LOT of money for the school.

[muthstryker]

And I know for the city folk these are daily and normal things but not where Im at. And My child will not be subjected to this.

that is the main thing you dont want to move into a house in a area that could put your wife, child or even yourself in danger.