In option period for house
fleshbits
5 years ago
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kevinande
5 years agoRelated Discussions
Modest 1940s and 1950s house: period appropriate update
Comments (14)A couple of questions: Is this a house you actually own already, or is this a hypothetical? Leading to: Is there a kitchen there already? What is there? There's no point in worrying about finding cabinets if you have a kitchen full. Don't trouble trouble until trouble troubles you, as they say ... In your area, who is the most likely person to rent to? Students? Low income people? Health care workers near a hospital? Is it a resort area? A retirement community? These things may influence your decisions. "What people want" in incredibly subjective. Each of those groups named -- and there are so many not named -- would want different things, and individuals would want different things. Basically, though, in a rental, do as little renovation as possible without serious thought, and learn all your legal rights and responsibilities. Maintain scrupulously though. (I know I have rejected many apartments just by smell alone. Sometimes just by the smell in the hallways.) As for "vintage" hardware -- try salvage houses. People sell it by the baggiefull. I have rented several apartments and houses with simple, modest kitchens and strict, honest landlords. Personally, I prefer this style to the owners who watch too much HGTV, get dollar signs in their eyes, have their brother in law slap in bargain granite, triple the rent, and throw a badly-spelled, hyperbole and exclamation-point laden ad on craigslist. Bottom line: I would make the best choice based on the house for the area and the market, maybe access to public transportation and the things the renters would be interested in: schools if that's part of the target, the local business park if that's the target, the beach, shops, medical facilities, pool etc. THEN I'd look at the kitchen, and me? I'd look to making what you have the best it can be. At least while you get the hang of being a landlord....See MoreShould we consider energy audit?
Comments (4)I am not sure how "no-fault" the 10 day period is--the contract mentions a home inspection for house/pool/termite/sprinkler systems and says that if there is problem w/house not appraising for the selling price, then price would be adjusted She said that she was not familiar with that type of inspection (and most people aren't who have older homes) but it is basically what is done to new house to get energy star rating...which some builders really live up to and some just kind of lip-service...I know this house won't be energy-star rated just want to know if the HVAC system really works the way it should for house design... She responded to my email and said that air leaks and "weak insulation points" would not be something the seller could be held responsible for repairing... so unless the items found were really bad like cracked foundation or problem w/electrical system, both parties would adjust the price...maybe the pool pump is not working or one of the windows is foggy (but they looked fine)... his roof was totaled in hail storm and has been appraised by his insurance co and he has gotten his money--so contract states that he will replace roof prior to closing... But we did this so quickly and to be honest my realtor is not really into things like energy efficiency factors or why I think it is important to have a piered beam foundation...she just knows all the secrets about neighborhoods and builders--like who to avoid-- her experience tells her that if a home is more than 10 years old and the slab is still good there probably won't be any problems w/it...and that no house is perfect so any house might have problems no matter who the builder was... I am sure my husband is not worried about this now...but I know this is something we will have to deal w/because it is an older home and energy costs will rise.....See MorePosting on Craiglist worth the effort?
Comments (13)I had a showing from someone who saw my house on Craigslist. They're still trying to sell their house though. I put my house on every website I can find that's free, I don't care how dead the site might be because you never know. (Now if I'm paying, I look for active sites.) If there is something unique about your house, you should post it on places where someone who is looking for that house might be. For example, I have a horse farm. I post it on tons of horse websites. A few years ago I sold an old house. I posted it on HistoricProperties and similar sites, for example. I also took out a display ad in the local newspaper that I know all the tourists and retirees around here read. (I also live by a lake.) Someone who's trying to get family members to move down here might see it. I always think, where would I look if I was looking for a property like this? I have it on Realtor.com but I don't get any action from there. Hope that helps....See MorePaint palette for sea side period home
Comments (8)What a lovely place! The floors are fantastic as is everything we can see. I don't know F&B colors either, but I wonder if something like Benjamin Moore Saybrook Sage would work. To me, it is a wonderful neutral and warm. It is a green with grey/blue in it. I do like F&B Teresa's green, Dix blue, and vert de terre, though that last may be a little cold-I have never seen them in real life. Please keep us updated. It sounds like you have a perfect spot there!...See Moreweedmeister
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5 years agoBruce in Northern Virginia
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