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All-In [46825]
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Appraisal update: SHIIIIIIIIIT
Mar 25, 2021, 10:13 AM
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Appraised at offering price on the nose.
Will pull in a hefty little profit once everything is said and done.
Only issues still left is what the structural contractor says about the pier and what the termite inspection shows.
So each and every one of you can
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Oculus Spirit [78876]
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Everything's coming up Milhouse!***
Mar 25, 2021, 10:22 AM
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Lot o points [155944]
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pro tip....
Mar 25, 2021, 10:22 AM
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since you're already a donor, I'd take a few minutes and go back and delete every post you've made about any "improvements" you've done on the place. Erase the trail, nomsayin?
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CU Medallion [60043]
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I am a little confused on if the
Mar 25, 2021, 10:44 AM
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septic is still backing up and dumping straight poo water into the yard......and I am wondering if that crap he put into the tank is going to explode right after the new owners get into the house.
I foresee lawyers in FB's future.....maybe not, but seems highly likely when you have a drain field running, well, into the yard.
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Legend [17915]
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Re: Appraisal update: SHIIIIIIIIIT
Mar 25, 2021, 10:23 AM
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Does that appraisal include the pallets?
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All-In [46825]
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The pallets are what got me the appreciation value***
Mar 25, 2021, 10:25 AM
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Legend [17915]
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Re: The pallets are what got me the appreciation value***
Mar 25, 2021, 10:26 AM
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well, of course. One can do so much with them!
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All-In [43773]
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Congrats! A word of caution though, don't be counting
Mar 25, 2021, 10:28 AM
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your pallets before they are stacked, nomesayin? You still have plenty of time to absolutely screw this whole thing up sideways.
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All-In [46825]
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The saga doesn't end for a while.
Mar 25, 2021, 10:34 AM
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I still have to purchase the other house
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Oculus Spirit [81075]
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It ain't sold until its closes.
Mar 25, 2021, 12:05 PM
[ in reply to Congrats! A word of caution though, don't be counting ] |
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I sold a house once and dude came up during the closing and insisted that I pay $5k of his closing costs. I had turned that down 2 weeks prior; but I guess he thought I'd cave at closing.
The time had long since past for any negotiations. I told him I'd cancel closing and sell it again in 3 weeks for $20K more.
His realtor was there and was all "You'd cancel closing and lose a sale over $5K?" I was all "hellz yeah I would". Idiot.
People will do and try anything.
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All-In [46825]
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That doesn't make any sense
Mar 25, 2021, 12:29 PM
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if the contract that both of you signed said you would pay your own closing costs, then he comes in and demands something different,
you can sue if he chose to back out.
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Oculus Spirit [81075]
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Sue..for what? $3k of earnest money?
Mar 25, 2021, 12:34 PM
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Spend $5k to get $3k?
You won't get a dime in SC for real estate "damages", not at least for the $350K or whatever I sold that dump for.
The point here is if their financing falls through, or a million other things happen..closing could not happen. Just wait a few weeks to start the celebratory "In your FACE!"
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CU Medallion [60043]
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kind of like the Gamecocks winning their
Mar 25, 2021, 12:40 PM
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Spring Game and then running around telling us all they are back. A little premature in every life situation.
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All-In [46825]
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Breach of contract
Mar 25, 2021, 12:41 PM
[ in reply to Sue..for what? $3k of earnest money? ] |
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depending on how good your lawyer is you could get compensated for offers/time/etc you could have gotten while you were under contract with him.
I would have made him back out.
And his real estate agent was ###### too because he didn't warn him of the consequences.
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Oculus Spirit [81075]
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From your experience, how many times has this
Mar 25, 2021, 12:42 PM
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worked for you?
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All-In [46825]
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I haven't sued anybody and have never been sued
Mar 25, 2021, 12:52 PM
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knock on wood.
If you had plenty of other offers then sure I see why you walked away.
If these people pull something like that I'll make sure I get some money out of it
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Oculus Spirit [81075]
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I've been threatened to be sued a bunch of times
Mar 25, 2021, 1:31 PM
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a few times on here (I wonder who THAT was?)
I had a boss try and sue me over for breach of contract over a non compete once. That was a joke.
Anyway, I told the buyer "that ain't happenin'" and I think his useless newb realtor (who was also trying to hook up with the buyers finance girl that came to closing) dropped some % age off his commission or something and that seemed him to appease him. We "took a break" over lunch, came back, and they gave me a check and ushered me the eff outta there.
That was the only closing I've ever been to that had 2 closing attorneys, two real estate agents, a buyer and finance rep. It was just weird all the way around.
When I sold out in Oct, I went to the lawyers office and signed everything one afternoon, they wired the money in my acct and I was outta there. Never saw the buyer. He showed up early though and tried to start moving his ish in, and I told his realtor he could leave the stuff outside until he signed a couple hours later. Yes, i was being a d!ck about it, but he was a yankee, so I didn't care.
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All-In [49050]
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Oculus Spirit [75722]
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While I am sure it happens I have never not seen
Mar 25, 2021, 10:31 AM
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an appraisal come out just right. I feel this step to be the biggest fraud in the whole system. I believe the lending bank should have to pay for this AND it come out of any profits they expect from the interest on the loan.
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All-In [46825]
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I don't see a problem with this
Mar 25, 2021, 10:34 AM
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until I get the other house appraised.
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Oculus Spirit [75722]
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That one will come back fine as well, unless it is
Mar 25, 2021, 10:40 AM
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about to fall down or something. Hell, when I had this place refinanced we were in the middle of a bathroom fix up, had holes in the wall, toilet water was off, medicine cabinet lord only knows where. Came back just fine.
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All-In [46825]
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I'm saying that one will appraise at their asking price
Mar 25, 2021, 10:42 AM
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even though I'm only paying half that.
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Oculus Spirit [81075]
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You're buying a house at 50% of its value, right?
Mar 25, 2021, 11:11 AM
[ in reply to I don't see a problem with this ] |
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Your new neighbors are going to hate you before you move in.
And at 50% ACV, expect a major property tax increase when your taxes are reassessed next year from their complaints.
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All-In [46825]
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Re: You're buying a house at 50% of its value, right?
Mar 25, 2021, 11:13 AM
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Legend [17294]
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All the Home Appraisers I know ...
Mar 25, 2021, 11:39 AM
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Spend all afternoon in the bar drinking with the Home Inspectors. At 3 pm the Home Handyman guys come in and buy a round. Realtors show up at 5:45 to catch last happy hour round.
Fill in the blanks.
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CU Medallion [60043]
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wait, asking for a friend here......
Mar 25, 2021, 11:41 AM
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is it bad to be at the bar drinking at 3pm if your work is done?
Just asking for a friend who does this regularly.
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Legend [17294]
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Naw - got to do your research for Board posts somewhere.
Mar 25, 2021, 12:29 PM
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And BTW, airport bars and casino bars are 100% exempt from any moral judgment regarding acceptable drinking hours.
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CU Medallion [60043]
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Re: Naw - got to do your research for Board posts somewhere.
Mar 25, 2021, 12:32 PM
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All-In [46825]
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Hey, where's
Mar 25, 2021, 11:48 AM
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kms16312
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Oculus Spirit [81075]
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Srsly..you might wanna wait until day after closing
Mar 25, 2021, 12:06 PM
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to start the bragging.
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Oculus Spirit [78876]
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When is "closing" on rent to own?
Mar 25, 2021, 12:20 PM
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Rental agreement signature?
Receipt of the deposit?
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Oculus Spirit [81075]
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When I wake up and go..."it's time to leave today"***
Mar 25, 2021, 12:23 PM
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Oculus Spirit [78876]
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I surely hope that doesn't happen to FBC.***
Mar 25, 2021, 12:26 PM
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CU Medallion [73569]
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you do know you have to pay the realtors, dont you?***
Mar 25, 2021, 2:17 PM
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All-In [46825]
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Nope. Buyer covers commission
Mar 25, 2021, 2:20 PM
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I don't pay the dude a penny
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Oculus Spirit [81075]
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uh...wut?
Mar 25, 2021, 2:42 PM
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Have you seen a sellers net sheet yet?
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