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(BBC)   If the house you built is condemned as a public hazard, is under a demolition order, sits on the edge of a crumbling cliff and will fall into the sea at any moment, hell, why NOT try to sell it to someone else? The seller's motivated (pics)   (bbc.co.uk) divider line 20
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5890 clicks; posted to Business » on 03 Jan 2014 at 4:03 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



20 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2014-01-03 04:20:45 PM  
Location, location, location.
 
2014-01-03 04:32:06 PM  

phamwaa: Location, location, location.


Is rapidly vanishing, Vanishing, Vanishing.
 
2014-01-03 05:02:38 PM  

grimlock1972: phamwaa: Location, location, location.

Is rapidly vanishing, Vanishing, Vanishing.


act now, this is a limited time offer
 
2014-01-03 06:02:36 PM  
Did they say how long you could live in it? Are we talking 5 years or 5 months? I don't know that area but that sounds cheap enough that it could work. You can live in the house with a great view for a few years and still would equal what you'd spend on renting.

Plus you still have Sea side property after.

The only problem would be if the whole property would crumble away.

I wonder what it would cost to insure it?
 
2014-01-03 06:24:52 PM  
The article states that the house is 8 meters (or 26 feet) from Cliff. Is that a problem? What's wrong with Cliff?

mikerowse.com
 
2014-01-03 07:12:58 PM  
Word will get out that somebody wants to buy it, and a bunch of lackwits will show up and start a bidding war over it, planning to flip it to the next lackwit before it falls over and sinks into the sea.
 
2014-01-03 07:43:53 PM  
Then they will build a second house.
 
2014-01-03 08:50:33 PM  
So the city is going to guarantee demo costs and some money to rebuild elsewhere but no mention on retention wall or erosion allowance?
 
2014-01-03 09:02:18 PM  

Saiga410: So the city is going to guarantee demo costs and some money to rebuild elsewhere but no mention on retention wall or erosion allowance?


Just like federal flood insurance.
 
rka
2014-01-03 09:12:52 PM  
"From an agent's point of view it's a challenge."

Haha. Understated humo(u)r at its finest.
 
2014-01-03 09:30:27 PM  
effing autoplay
 
2014-01-03 10:35:48 PM  

grimlock1972: phamwaa: Location, location, location.

Is rapidly vanishing, Vanishing, Vanishing.


Do you actually lose the property as the cliff erodes, or does your yard just shift to the bottom of the cliff/under the sea. You could just demolish the house, invest in a houseboat, and construct a stairwell up to a parking garage/ garden area above.
 
2014-01-03 11:05:23 PM  

doglover: grimlock1972: phamwaa: Location, location, location.

Is rapidly vanishing, Vanishing, Vanishing.

Do you actually lose the property as the cliff erodes, or does your yard just shift to the bottom of the cliff/under the sea. You could just demolish the house, invest in a houseboat, and construct a stairwell up to a parking garage/ garden area above.


On a large island near me, supposedly the area where a rich guy dug out is his bay, as opposed to the waters of the detroit river.

On the one hand, that seems odd, otoh, I own my boatwell which is essentially a dugout portion of the river.
 
2014-01-03 11:12:33 PM  
Is it all brick and stone walls? That would explain why no one is talking about moving it, since that's really heavy and prone to crumbling in a move. Balloon framing is still iffy if you then have to do lead and asbestos abatement. I hope the auction stay sensible at "not much".
 
2014-01-03 11:25:50 PM  

The Beatings Will Continue Until Morale Improves: Then they will build a second house.


With HUUUUUGE tracts of land.
 
2014-01-03 11:45:38 PM  

grimlock1972: phamwaa: Location, location, location.

Is rapidly vanishing, Vanishing, Vanishing.


Sunday, Sunday, SUNDAY!!!...there will be an open house from 10-3.
 
2014-01-04 12:42:57 AM  

Sin_City_Superhero: The article states that the house is 8 meters (or 26 feet) from Cliff. Is that a problem? What's wrong with Cliff?

[mikerowse.com image 300x291]


topyaps.com
I have no idea!
 
2014-01-04 10:19:01 AM  
If the house itself were in better shape, I could imagine someone wanting to buy... but it looks like it's been abandoned for a while already, with the paint peeling from the walls, broken windows, etc. There'd be a fair bit of expense just making it habitable. Can't imagine it would go for more than a pittance, unless there's a nice patch of alternative building site further inland that comes with it.
 
2014-01-04 10:57:17 AM  
1) Do some erosion control.

2) List it in the back of This Old House. "Price $1.00, must move"

Problem solved.
 
2014-01-04 01:20:52 PM  

doglover: grimlock1972: phamwaa: Location, location, location.

Is rapidly vanishing, Vanishing, Vanishing.

Do you actually lose the property as the cliff erodes, or does your yard just shift to the bottom of the cliff/under the sea. You could just demolish the house, invest in a houseboat, and construct a stairwell up to a parking garage/ garden area above.


to be onest no clue depends on all applicable laws and as its in the UK i haven't a clue.
 
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