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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (35655)7/19/2005 1:08:23 PM
From: GraceZRead Replies (2) | Respond to of 306849
 
I can't sell it just yet because the secretary at the probate lawyer sat on the paper work for the two weeks I was away (this mornings frustration).

I sensed immediately when I was down there that the house has a much bigger pool of buyers as a fix up than it has if I fix it up. These crews down there have it down to a science, they have these little houses completely gutted and re-fitted in around three weeks. There is no way I could match them for costs even with my extensive experience rehabing, so any repairs I do would be a dollar swap. Then the property would sit waiting for a final buyer and necessitate using a broker because I sure as hell don't want to hold anyone's hand since I'm already doing that with this other numb skull buying one of my other properties (he can't get financing when even a dead guy can get a mortgage these days). I can sell it tomorrow, as is, without a broker. They just have to hit my price and then that place is their problem.

One of my father's neighbors told me that the elderly locals down there have taken to telling strangers who knock on their doors asking about their houses, "Can you at least wait until I die?"