ForgotPassword?
Sign Up
Search this Topic:
Forum Jump
Posts: 1378
06/03/2013 7:37 PM
Posts: 3164
06/03/2013 7:57 PM
Posts: 2606
06/03/2013 8:43 PM
Posts: 6641
06/03/2013 8:52 PM
Posts: 5056
06/03/2013 8:56 PM
MLE 6 wrote:Whatever you do please don't post in here that you're also trying to get pregnant or plan a wedding.
Posts: 421
06/03/2013 8:57 PM
06/03/2013 9:05 PM
Posts: 9288
06/03/2013 9:10 PM
jeezus camp wrote:Think long and hard about it. See if the condo fee has been stable over the years or if it's risen significantly year after year. If it has, it will continue to rise and is a sign of bad management. Also, see what kind of material the building is made out of. You don't want to buy and be able to hear your neighbors' every conversation and footstep. Check the condo docs to see what kind of maintenance you are required to have and pay for every year (hvac, dryer vent, etc.). Not trying to talk you out of it. Just make sure you know you'll be happy with it once it's all said and done.
06/03/2013 10:10 PM
06/03/2013 10:12 PM
Posts: 4864
06/03/2013 10:14 PM
06/03/2013 10:15 PM
06/03/2013 10:17 PM
Posts: 16480
06/03/2013 10:18 PM
06/03/2013 10:22 PM
ememkay25 wrote:Yes we will definitely do that. We are going to rent until closing. But there are some negotiations that we are going to present.
Posts: 9944
06/03/2013 10:26 PM
Sassy Nation wrote:ememkay25 wrote:Yes we will definitely do that. We are going to rent until closing. But there are some negotiations that we are going to present.Good. and true about the negotiations - however, after the inspection, you will have way more negotiation room. So its best to see what the seller's hand is first, then the inspection, then go to the seller/realtor with "ok so this needs replacing, and have a price list of how much does it cost to put a new roof on for example...You will have to do some footwork to call some subcontractors as to the pricing, and get the sub's quote in writing. So you have your inspection, your quotes and on the front page = a total of how much it will cost to fix/replace. THEN when you have your bottom line, you can negotiate a whole lot easier. So just for easy numbers: say the house lists at $100,000. and its going to cost $20,000 to fix/replace. Now you have a starting number of $80,000 to head to the table with. Its a buyers market still out there...So you can stick to your guns.
06/03/2013 10:27 PM
OceanEyes302 wrote:The condo next to mine just sold for $75,000. 2 bedroom. Crazy. I second everyone who said get it inspected and double check what the HOA/Condo fee includes. I suddenly owe $500 for my roof this summer and have to pay $250 a summer to join the community pool that used to be included. Monthly fee keeps going up.
06/03/2013 10:30 PM
ememkay25 wrote:Sassy Nation wrote:ememkay25 wrote:Yes we will definitely do that. We are going to rent until closing. But there are some negotiations that we are going to present.Good. and true about the negotiations - however, after the inspection, you will have way more negotiation room. So its best to see what the seller's hand is first, then the inspection, then go to the seller/realtor with "ok so this needs replacing, and have a price list of how much does it cost to put a new roof on for example...You will have to do some footwork to call some subcontractors as to the pricing, and get the sub's quote in writing. So you have your inspection, your quotes and on the front page = a total of how much it will cost to fix/replace. THEN when you have your bottom line, you can negotiate a whole lot easier. So just for easy numbers: say the house lists at $100,000. and its going to cost $20,000 to fix/replace. Now you have a starting number of $80,000 to head to the table with. Its a buyers market still out there...So you can stick to your guns. Again thank you for this. I feel like I should print your responses out I am not sure how much negotiating we will be able to do because it is already priced soooo low but I will keep all of that in mind. The appliances are all brand new and the place has been well taken care of. Honestly the only things I noticed was scuffs on white walls and a minor stain on the living room carpet (which we would most likely replace anyways)
06/03/2013 10:33 PM
Share This Link