Random Thoughts - Part III The Search for Spark (No Politics)

[weederr33]

So update: one of the houses I got passed on, opened back up and asked if we wanted to take it. So we said yes!

[soundman98]

congrats!

[Ultramaroon]

Originally Posted by weederr33

So update: one of the houses I got passed on, opened back up and asked if we wanted to take it. So we said yes!

Congrats! It can be quite a roller coaster ride.

[soundman98]

!!now begins the fun of [deep breath] all-these-entities-making-demands-and-assuming-you-understand-everything-while-you-just-barely-have-a-grasp-of-what-they're-asking-all-while-wondering-if-you're-going-to-make-the-original-deadline-and-really-want-this-at-all-as-you-watch-even-more-money-dissappear-into-the-ether-over-new-fees-documents-and-forms!

[Ultramaroon]

Originally Posted by soundman98

!!now begins the fun of [deep breath] all-these-entities-making-demands-and-assuming-you-understand-everything-while-you-just-barely-have-a-grasp-of-what-they're-asking-all-while-wondering-if-you're-going-to-make-the-original-deadline-and-really-want-this-at-all-as-you-watch-even-more-money-dissappear-into-the-ether-over-new-fees-documents-and-forms!

You can say that again!

[humfrz]

Originally Posted by soundman98

!!now begins the fun of [deep breath] all-these-entities-making-demands-and-assuming-you-understand-everything-while-you-just-barely-have-a-grasp-of-what-they're-asking-all-while-wondering-if-you're-going-to-make-the-original-deadline-and-really-want-this-at-all-as-you-watch-even-more-money-dissappear-into-the-ether-over-new-fees-documents-and-forms!

Oh, @weederr33 , I just suggest you just do what your real estate broker says.

He/she doesn't want the deal to go sideways - or they won't get paid -

[weederr33]

Originally Posted by humfrz

Oh, @weederr33 , I just suggest you just do what your real estate broker says.

He/she doesn't want the deal to go sideways - or they won't get paid -

Yeah I'm kinda letting them run the show as even though I'm doing this, I still have no clue what I'm doing.

[spcmafia]

Originally Posted by weederr33

Yeah I'm kinda letting them run the show as even though I'm doing this, I still have no clue what I'm doing.

Are you using the VA? Keep in mind they are really stingy when it comes to home inspections.



If you're not, that's good too. When it comes to inspecting the house, don't get too hung up on small things that need fixing. Big items like furnace, roof, outlets, insulation, water tank, windows, etc are the ones that you need to lookout for.



The biggest issue with our house when we did our inspection was the water well. It had some bacteria in it and made it unsafe for consumption, all we asked was for the owners to treat it and give us a clean lab result.



Another big one, zoning. If you're buying a house thinking "I want to build here and there and then build this", make sure that your zoning regulations allow it so.

[weederr33]

Originally Posted by spcmafia

Are you using the VA? Keep in mind they are really stingy when it comes to home inspections.



If you're not, that's good too. When it comes to inspecting the house, don't get too hung up on small things that need fixing. Big items like furnace, roof, outlets, insulation, water tank, windows, etc are the ones that you need to lookout for.



The biggest issue with our house when we did our inspection was the water well. It had some bacteria in it and made it unsafe for consumption, all we asked was for the owners to treat it and give us a clean lab result.



Another big one, zoning. If you're buying a house thinking "I want to build here and there and then build this", make sure that your zoning regulations allow it so.

I am using a VA loan lol

[spcmafia]

Originally Posted by weederr33

I am using a VA loan lol

Yeeeaaah... Best of luck with the inspection. If the inspector thinks the house is not in good shape, say you have a certificate of some sort, and just hand him a hand-written note that says "This house is good", enclosed with a $50 and a gift card to Starbucks.

[Sapphireho]

Originally Posted by weederr33

I am using a VA loan lol

VA loan I hear can really be tough in a sellers market. VA wants everything pretty much fixed. If too much, seller may back out and go with someone else willing to deal with a few things that need fixing.

Hope things go well!

[Sapphireho]

Originally Posted by NoHaveMSG

School's out so more are going to pop up. My boss has his house listed, last week there were less than 10 in the price range of his house in the area, now there are over 200.

This happened when we sold in SJ. There were about 50 homes for sale in my zip code. 3 weeks later, (school out) there were over 3500. Suddenly it went from people paying 2-300k over asking, to sellers having to lower price.

[NoHaveMSG]

Originally Posted by Sapphireho

VA loan I hear can really be tough in a sellers market. VA wants everything pretty much fixed. If too much, seller may back out and go with someone else willing to deal with a few things that need fixing.

Hope things go well!

Yup, and sometimes they will want a licensed contractor to fix it too, even if it is something simple like swapping an outlet.

[weederr33]

Originally Posted by Sapphireho

VA loan I hear can really be tough in a sellers market. VA wants everything pretty much fixed. If too much, seller may back out and go with someone else willing to deal with a few things that need fixing.

Hope things go well!

I’m pretty sure the guy there now is using a VA loan too. Plus the place looks pretty well kept unless it’s something I can’t see. So we will see how it goes.