So...putting an offer on a house.

[99 pewtercoupe]

Originally Posted by DJ_Critterus

Oh, man, that is low. Below the belt even. Please ask blondie to do me a favor and tell you to eat a bag of dicks.

And if Jazzy finds out about this place I will know who told her

[Torqaholic]

Sounds like it's time to start looking for another big dog

[Onebadcad]

PM me your loan terms--rate, any points or discounts, lender UW fee, and any other fees you are paying that are not title-related, or taxes and recording.

I will make sure no one pokes you hard.

[NEED-A-VETTE]

Originally Posted by LATB

VA lending is rough on the seller. That and the financing is a contingency in of itself. The VA appraisers are tough. (to your benefit)

You will want a home inspection, a WDO (termite) inspection, and a municipal inspection. All will be required by the lender.

Feel free to reach out to me if you want/need any info.

You’re so right about the home inspection.

I picked up a house in the mountains just before the pandemic. Closed in April of 2020. Couldn’t have timed it better.

Anyhow, the first home I put an offer on was contingent on the home inspection, of course. I used an inspector local to the mountains because there are nuances to mountain homes. It took him about five hours to do the inspection. He absolutely scrutinized top to bottom. Fantastic job.

Long story short, he really saved me on that house. Two story deck that wrapped around the house (which was a selling point for me) that needed total tear down and replacement. Seller said they would give 2500 off the price. Local contractor estimated 50,000 minimum to tear down and replace. I walked away from that one.


Congrats, DJ. I hope you get the house without too much trouble.

[Stevedore]

Good luck OP. Young AC & roof are pluses. Interior paint is cheap, and you end up with colors you like.

Municipal sewers or septic? As I'm sure you're aware, a new septic is big $$. Ours is ~38 years old; I'm just waiting for it to blow up.

[Onebadcad]

Originally Posted by LATB

VA lending is rough on the seller. That and the financing is a contingency in of itself. The VA appraisers are tough. (to your benefit)

You will want a home inspection, a WDO (termite) inspection, and a municipal inspection. All will be required by the lender.

Feel free to reach out to me if you want/need any info.

I know a few higher transactions Realtors that try not to accept a VA buyer as the first offer early in the listing period, as they are convinced all VA appraisers are lowballers.

I have seen it all in 33 years, and would say it is the luck of the draw that is the greatest factor.

A competent listing agent should always include a list of recent sales when giving the appraiser the executed sales contract.

[Rikki Z-06]

Originally Posted by 99 pewtercoupe

[Yadkin]

Where does one buy a house for $250k?

[TheRealBadger]

Good luck!

[JRD77VET]

Good luck, hope it works out.

Originally Posted by DJ_Critterus

It'll be a VA loan and I will work on the contingencies with my realtor/agent. I know very little about the process as I've only bought and sold one house in my lifetime, so this is kind of foreign to me.

My first house ( 1990 ) was set up for a VA loan which had to be converted to FHA in order for me to purchase.

SO many hoops to jump thru. It was at the top of the highest hill in the area and they wanted me to get flood insurance ( it was at least 60' higher than the reservoir ).

My realtor got the guy who wanted me to get flood insurance to meet at the house. She took him out to the back yard and pointed to the reservoir and the surrounding area which included the town of Pennsburg, PA.

She said "Do you really think flood insurance is needed?" He withdrew flood insurance.

[LATB]

Originally Posted by Onebadcad

I know a few higher transactions Realtors that try not to accept a VA buyer as the first offer early in the listing period, as they are convinced all VA appraisers are lowballers.

I have seen it all in 33 years, and would say it is the luck of the draw that is the greatest factor.

A competent listing agent should always include a list of recent sales when giving the appraiser the executed sales contract.

Sure fire way to insult an appraiser.

Additionally, unless the listing agent also represents the buyer, the lending (and associated appraisal) is not his business.
And the agent delivers the contract to the title company. He/She has no contact with the appraiser. Other than providing access to the home.

[DJ_Critterus]

Originally Posted by MadInNc

You just want to play IRON MAIDEN on volume 11 at Dj's new home

That's a huge negative, Ghost Rider!

[Rikki Z-06]

Originally Posted by DJ_Critterus

That's a huge negative, Ghost Rider!

[DJ_Critterus]

Originally Posted by Torqaholic

Sounds like it's time to start looking for another big dog

I loved my great dane like nothing else, but I can't deal with a family member withh such a short life span again. When Barkley died, I cried like a little kid. Not sure I can do it againt, but if i end up with a pup that needs a good home I will do what must be done and and do the ear scratching, snuggling thing. I'm not heartless, but love God's other creatures. They need love, too.

[Rikki Z-06]

Originally Posted by DJ_Critterus

I loved my great dane like nothing else, but I can't deal with a family member withh such a short life span again. When Barkley died, I cried like a little kid. Not sure I can do it againt, but if i end up with a pup that needs a good home I will do what must be done and and do the ear scratching, snuggling thing. I'm not heartless, but love God's other creatures. They need love, too.

More so than most humans

[Budman]

Originally Posted by mrvette

PM me the addy if you will, curious, as that's about watt my house is made of and same value range....and not too many homes made of masonry construction these daze, especially with stucco over top....I"m guessing same age as my house witch sold first time in '72 same as my car.....so I hope the windoze have been updated to thermal/plastic as well as garage shituation.....I think you been by my place here, but maybe not.....been a while.....I hope your place is on at least a slight hillside for drainage, I have some 30' off the swamp level.....

That is all that is being built around here, cement block covered with stucco. About every 5' the blocks are filled with reinforced concrete, the top of the wall is solid reinforced concrete tied to the foundation. These houses aren't going anywhere!

[86RAG]

How'd the offer go over with the owners, DJ? Negotiations still continuing?

[DJ_Critterus]

Originally Posted by 86RAG

How'd the offer go over with the owners, DJ? Negotiations still continuing?

I'm doing the offer this week. It looks like the price is going to drop again and the owners really need to sell. Not sure why I am hearing that, though, but it does raise a few more questions as to why it needs to sell so quick.

[mrvette]

Originally Posted by DJ_Critterus

I'm doing the offer this week. It looks like the price is going to drop again and the owners really need to sell. Not sure why I am hearing that, though, but it does raise a few more questions as to why it needs to sell so quick.

Many reasons, family has to move job xfer, family care/relatives/elderly care, long list but those near the top......

[86RAG]

Originally Posted by mrvette

Many reasons, family has to move job xfer, family care/relatives/elderly care, long list but those near the top......

Yup, could be any reason. How is the market in that area? Not many houses for sale, lots of houses for sale? New sales up or down? Don't get too freaked out about it, but definitely do your due diligence