So...putting an offer on a house.

[DJ_Critterus]

First, I must thank my parents for giving birth to me at the end of the 70's so I couldn't remember or live through any of that WalMart-esque interior design trend.

It looks like somebody splooged the 70's on the interior of this house with baby-shit yellow paint and blue doors. No big deal as I know how to use a paint roller.

3 bed/ 2 bath/ 2 car garage. The roof is only 5 years old, AC unit is about the same age, but damn... the interior is fugly. The outside of the house needs to be pressure washed (probably a few times), painted, and the privacy fence in the back yard needs to be replaced. All of that is easy enough to do myself. All new wood laminate floors with tile in the kitchen, dining room, and living room. No carpet. I love that.

Seller was asking $285K, then dropped it to $270K yesterday. My realtor/agent is a good friend of mine and she took me out to view the house today. With all the repairs and upgrades it would need, she recommends offering $250K and going from there. Easy enough.

LEt's see what happens monday. Fingers crossed.

[Rikki Z-06]

Originally Posted by DJ_Critterus

First, I must thank my parents for giving birth to me at the end of the 70's so I couldn't remember or live through any of that WalMart-esque interior design trend.

It looks like somebody splooged the 70's on the interior of this house with baby-shit yellow paint and blue doors. No big deal as I know how to use a paint roller.

3 bed/ 2 bath/ 2 car garage. The roof is only 5 years old, AC unit is about the same age, but damn... the interior is fugly. The outside of the house needs to be pressure washed (probably a few times), painted, and the privacy fence in the back yard needs to be replaced. All of that is easy enough to do myself. All new wood laminate floors with tile in the kitchen, dining room, and living room. No carpet. I love that.

Seller was asking $285K, then dropped it to $270K yesterday. My realtor/agent is a good friend of mine and she took me out to view the house today. With all the repairs and upgrades it would need, she recommends offering $250K and going from there. Easy enough.

LEt's see what happens monday. Fingers crossed.

[Vandelay Industries]

Pics of house and agent?

Oh, and good luck.

[The_Dude]

Congrats

[LATB]

Cash offer?
Any contingencies?

[DJ_Critterus]

Originally Posted by Vandelay Industries

Pics of house and agent?

Oh, and good luck.

Agent is a 70 y/o liberal widow. She's part of the 4-6pm crowd that meets at the local sports bar for a couple drinks after work (an no, we all don't go every day). Lady knows her stuff when it comes to real estate so I'll trust her advice. I know computers so she trusts me when it comes to that. either way, I'll be in a house in a few weeks or before August when my lease ends.

[DJ_Critterus]

Originally Posted by LATB

Cash offer?
Any contingencies?

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.

[LATB]

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.

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.

[Vandelay Industries]

Originally Posted by DJ_Critterus

Agent is a 70 y/o liberal widow. She's part of the 4-6 crowd that meets at the local sports bar for a couple drinks after work (an no, we all don't go every day). Lady knows her stuff when it comes to real estate so I'll trust her advice. I know computers so she trusts me when it comes to that. either way, I'll be in a house in a few weeks or before August when my lease ends.

I retract my request for pics.

[Vandelay Industries]

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.

Municipal inspection?

[Norm]

Good luck with this endeavor, sometimes easy, somtimes not.

[DJ_Critterus]

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.

Thank you. I'll take all the help I can get.

I am familiar with the process of getting a VA loan that and how picky they are with inspections and wot-not. Good thing this house is Brick and Stucco with very little wood (mostly cosmetic and roofing). I've set money aside a while back just for the inspection when I started looking a few weeks back, though

[DJ_Critterus]

Originally Posted by Norm

Good luck with this endeavor, sometimes easy, somtimes not.

Even if it's not easy, it'll be worth it and I'll be paying roughly the same per month as my current rent for my own, bigger place.

[LATB]

Originally Posted by Vandelay Industries

Municipal inspection?

Yes, FL contracts have this baked in as part of the inspection period contingency. There is a $$ limit (can also be a % of purchase price) to the repair limits. All negotiable.

The muni inspection requires for an inspection of all and any outstanding municipal liens or open permits, etc.

All these small details is where a good broker/agent earns his keep.

[Vandelay Industries]

Originally Posted by LATB

Yes, FL contracts have this baked in as part of the inspection period contingency. There is a $$ limit (can also be a % of purchase price) to the repair limits. All negotiable.

The muni inspection requires for an inspection of all and any outstanding municipal liens or open permits, etc.

All these small details is where a good broker/agent earns his keep.

Oh, gotcha. Different terminology. Up here it's the MLC (municipal lien certificate) and is obtained by the closing attorney (we don't use title companies) shortly before closing.

[LATB]

Originally Posted by Vandelay Industries

Oh, gotcha. Different terminology. Up here it's the MLC (municipal lien certificate) and is obtained by the closing attorney (we don't use title companies) shortly before closing.

All title companies in FL are staffed with an attorney. Yes the title company does the search.

The point of the "repair limit" is...who pays for it, if there are issued needing cleaned up.

[DJ_Critterus]

Originally Posted by LATB

Yes, FL contracts have this baked in as part of the inspection period contingency. There is a $$ limit (can also be a % of purchase price) to the repair limits. All negotiable.

The muni inspection requires for an inspection of all and any outstanding municipal liens or open permits, etc.

All these small details is where a good broker/agent earns his keep.

Interesting. Realtor lady jsut emailed me what has to be a short novel about this place and everything she sees that's good and needs to be fixed. She did mention the Municipal Inspection and the Va inspection, too. Talk about going out of the way to earn her 2.5% commission......

[Bill]

Buena suerte, and we are looking forward to pics.

[Don Rickles]

Good luck, bro!

[DJ_Critterus]

Originally Posted by bill_daniels

Buena suerte, and we are looking forward to pics.

Not right now. The interior paint is an ugly baby shit yellow along with yellow counter tops in the kitchen. It looks like a perfectly good exhaust system that somebody defiled with a drill.