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(MSN)   Homebuyers are being picky about what is most likely the most expensive purchase of their lives. We should feel sorry for the folks that hoarded up all the real estate and now want out before the bubble bursts   (msn.com) divider line
    More: Asinine, Real estate, Real estate agent Shay Stein, client's contract, hours of the house, buyers, slowing real estate market, Trish Morgan-Tilley, Last year  
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1192 clicks; posted to Business » on 07 Oct 2022 at 4:20 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-10-07 4:27:41 PM  
In good times and bad times, your house is only worth what someone is willing to pay.  You missed the boat if you were trying to get out at the apex.
 
2022-10-07 4:28:00 PM  
As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).
 
2022-10-07 4:29:35 PM  
If the buyer balks at your price, your price might be too high for the current market.
 
2022-10-07 4:32:53 PM  
Before we bought our current house, we made a bid on another. The inspection report said the roof needed replacing ($40k), the sewer line replaced ($7k) and radon abatement ($5k).  Hard to believe a 66 yo house in a radon zone had never been checked, but it came in at six times the limit. Anyway, the seller refused to do any of the work or adjust the price. Her broker told her that since the problems had been found, she would have to reveal them to buyers, but the owner refused to budge.

We walked.
 
2022-10-07 4:34:51 PM  

roostercube: As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).


A Sybian closet is highly recommended. Don't skip on the sound insulation or cameras.
 
2022-10-07 4:37:30 PM  
So is my telling the people who cold call me to buy my house that my price is a million dollars starting to pay off yet?

/there seem to be fewer calls
// not so with the 'you are 65 next year, let me tell you about medicare" calls
 
2022-10-07 4:47:52 PM  
I'm staying with a real estate agent friend on Vancouver Island right now, where tear -downs outside the city are still in the $1M to $2M range. He's having a hard time selling anything right now and is very very honest about making the mistake of setting the price too high recently, and the market going soft. You know, reality.

Still, I'm instantly in love with this place. I could see myself retiring here when the time comes. Whether we can make it financially, I'm not sure yet. It's nice to dream though. Maybe the market will keep sliding....
 
2022-10-07 4:48:51 PM  
So the market has stabilized in your area?  Boo-farkin'-hoo.  Welcome to the Wonderful World of Speculation.  Something tells me that this isn't a case of people selling in order to down-size for retirement, or selling ahead of a cross-country (or international) move.  Treat real estate as an investment vehicle, expect some investments to fail in the short-term - guess you're going to have to hold until the market is back up.

You aren't entitled to a seller's market.

Meanwhile, in actual cities where people want to live, shiat's still hot as hell.
 
2022-10-07 4:50:34 PM  

slantsix: I'm staying with a real estate agent friend on Vancouver Island right now, where tear -downs outside the city are still in the $1M to $2M range. He's having a hard time selling anything right now and is very very honest about making the mistake of setting the price too high recently, and the market going soft. You know, reality.

Still, I'm instantly in love with this place. I could see myself retiring here when the time comes. Whether we can make it financially, I'm not sure yet. It's nice to dream though. Maybe the market will keep sliding....


British Columbia is gorgeous and Vancouver is a blast.
 
2022-10-07 4:54:11 PM  
This is good news, for people who want to buy a house and actually live in it.

Fark off speculators/wannabe landlords/AirBnB Barons
 
2022-10-07 5:01:39 PM  
I get ads in the mail about selling my home for $250k-$350k and it boggles my mind. I paid $125k back in 2009 for it and it is 1200 sq feet and I like it but if I had to pay $350k for it I would laugh at that offer.
 
2022-10-07 5:07:38 PM  
"The seller refused to make any changes, so my clients walked away. The seller was astonished,"

Lol.
 
2022-10-07 5:25:04 PM  
Advice from an old guy who got this advice from an old guy many years ago.  Do your best to never have to buy something or have to sell something.  In either case, you're going to get screwed good and proper.  Maintain your ability to walk away from any buying or selling deal if the deal isn't right for you.
 
2022-10-07 5:39:17 PM  

natazha: Before we bought our current house, we made a bid on another. The inspection report said the roof needed replacing ($40k), the sewer line replaced ($7k) and radon abatement ($5k).  Hard to believe a 66 yo house in a radon zone had never been checked, but it came in at six times the limit. Anyway, the seller refused to do any of the work or adjust the price. Her broker told her that since the problems had been found, she would have to reveal them to buyers, but the owner refused to budge.

We walked.


years ago we were looking at houses.  i learned really quick to go to the basement and roof right away because if those aren't good the rest doesn't matter.  oh the shiat i saw that wasn't disclosed.

- old knob and tube wires that were still live and with no insulation.
- roof that were leaking and the owner knew it - i found a bucket with water in it and water damaged insulation that had been duct tapped to the rafters.
- bow in foundation walls
- entirely illegal electrical connections at the breaker boxes, modern outlets with no ground, pennies in fuse panels, etc. etc.
-bathroom vents that just blow into the attic.
- new ornamental trees that were planted but directly over the most likely route for the sewer pipes.
- bare, unprotected, flexible copper gas lines coming out of basement foundations to the outside then back into the house for a fireplace.

and on and on and on.

Pro tip.  If you live in an area that has radon get radon detection kit or sensor.  while you are touring a house stash one in a low, shadowed area of the basement if you like the house.  then in a couple days ask if you can tour it again and grab up the indicator.

also never up your initial bid and don't get emotional about it.   it's not worth chasing the market or playing auction by phone call with some idiot who doesn't want to "loose."  also in more normal times more often or not the seller will call you back a day later and agree to your price.
 
2022-10-07 5:50:48 PM  

roostercube: As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).


remodel or repair?

Remodel: "I don't like the dark walnut flooring and would rather have light colored oak."

vs.

Repair: the hot water tank is not working

Why should I pay to remodel for new people who may not like my choice of a remodel?
 
2022-10-07 5:52:17 PM  
I offered someone $5000 for their house.
They wouldn't sell it to me.
No one wants to sell homes anymore.
 
2022-10-07 5:56:42 PM  

Hyjamon: roostercube: As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).

remodel or repair?

Remodel: "I don't like the dark walnut flooring and would rather have light colored oak."

vs.

Repair: the hot water tank is not working

Why should I pay to remodel for new people who may not like my choice of a remodel?


I think that goes for a lot of repair issues too. A selling owner will very likely not get a new water heater with the ideal capacity, durability, and efficiency that you might choose for yourself. For stuff like that with a range of options & costs, we have gotten credit for a fix on the low end of the budget and put that money toward the level of repair that we are willing to pay for.
 
2022-10-07 5:57:43 PM  

Hyjamon: Why should I pay to remodel for new people who may not like my choice of a remodel?


If you're smart about it, you will make money, but it's perfectly reasonable to not want to invest the significant amount of time and risk to do it.
 
2022-10-07 6:03:55 PM  
We better cut back on supply and only approve single family mcmansions to keep the price up
 
2022-10-07 6:07:39 PM  

natazha: Before we bought our current house, we made a bid on another. The inspection report said the roof needed replacing ($40k), the sewer line replaced ($7k) and radon abatement ($5k).  Hard to believe a 66 yo house in a radon zone had never been checked, but it came in at six times the limit. Anyway, the seller refused to do any of the work or adjust the price. Her broker told her that since the problems had been found, she would have to reveal them to buyers, but the owner refused to budge.

We walked.


How on earth was the sewer line so cheap?
 
2022-10-07 6:08:19 PM  
I recently bought a house... Lotta farkers buying houses... We found a house that we rejected initially because it didn't have enough bedroom (which was weird since including the finished basement it was over 3k square feet) It came up again a month later and we looked again, but still the same problem. A month after that they put up a walkthrough and we toured the house. It was really nice, like REALLY nice. "How the fark is this in our price range?!" nice. solid Oak hardwood all over the main floor, Crazy amounts of space. And best of all they miscounted the bedrooms! There were enough, actually there was enough for us to have a spare bedroom! 2x6 walls! Insulation!! Our previous house was built in 1914 and their concept of... anything was tenuous. The new place had two fireplaces and a massive basement performance room, shag carpeting in the bedrooms thick enough to get lost in. The decor was very 70's but expensive 70's, real wood panels instead of veneer and that kind of thing. Three apple trees, two pear trees and a cherry tree in the back yard. The electrical was all updated and I would not have to re-create the feat of ripping out knob and tube like at our old house.

We called our real estate agent and arranged a viewing. On the day of our agent says "Errr, do you really want to view this house?" and he showed us the disclosures he got that day. "Leaking roof, leaking bathroom upstairs, leak in the basement." We were there and looked anyway. We did see a small bit of water leak damage in the entryway closet, no mold or rot, same with the upstairs closet and the basement. We decided the house was nice enough, and the price right enough that if nothing else was wrong we'd put in an offer.

We had an inspector come in.  It turned out the roof did in fact need replacing, all three leaks were in a direct vertical line and extremely recent.The leaking bathroom turned out to be pipes that expanded and contracted with heat and no actual leak, just a banging noises every few seconds after using the shower.

We got 20k off the asking price (Down to 340k), paid 8k to fix the roof and another 8k to make the above ground deck safe and usable.

We love this goddamn house. Our last house was ~1080 square feet. Our garage is nearly as big as our old house.
 
2022-10-07 6:15:34 PM  

OccamsWhiskers: I think that goes for a lot of repair issues too. A selling owner will very likely not get a new water heater with the ideal capacity, durability, and efficiency that you might choose for yourself. For stuff like that with a range of options & costs, we have gotten credit for a fix on the low end of the budget and put that money toward the level of repair that we are willing to pay for.


Many homeowners will just buy whatever is on sale when it comes to remodeling, especially when preparing their house for the market.

When we first bought our house, we realized that the new-looking toilets were prone to clogs from, well, things that really shouldn't clog any toilet. There was nothing remarkable about what was clogging it, but we were still plunging 3-4 times every week. Sometimes more. I started to do some research and the Mansfield toilets that were installed by the previous owners were the absolute worst rated toilets offered by Menards. We're talking numerous one-star reviews, and lots of details in plumbing message boards about the shape of the bend being unsuitable for actual operation.

A little more research and we got the Toto Drake from a local plumbing supply shop to replace it. Only $50 more than the Mansfield crappers from Menards and we've had to plunge maybe three times a year since installation.
 
2022-10-07 6:46:09 PM  

roostercube: Sex swing being installed this weekend. I think it'll double the property's value (to me).


I'll give you credit for being honest. My wife just calls it a yoga trapeze.
 
2022-10-07 6:47:54 PM  
Almost everything related to finance is good for someone and, simultaneously, bad for someone else.

Virtually everyone involved had zero special insight or savvy. If you got unlucky, I'm sorry. If you got lucky, congratulations.
 
2022-10-07 7:00:17 PM  

roostercube: Sex swing and stripper pole are being installed this weekend.


Phil McKraken: A Sybian closet is highly recommended. Don't skip on the sound insulation or cameras.


Jormungandr: massive basement performance room, shag carpeting in the bedrooms thick enough to get lost in.


I am secretly hoping you three are neighbors
 
2022-10-07 7:01:28 PM  

tom baker's scarf: Pro tip. If you live in an area that has radon get radon detection kit or sensor. while you are touring a house stash one in a low, shadowed area of the basement if you like the house. then in a couple days ask if you can tour it again and grab up the indicator.


Heck, we were more than willing to pay for a professional. Makes it difficult for the seller to ignore it.
 
2022-10-07 7:03:08 PM  

Explodo: natazha: Before we bought our current house, we made a bid on another. The inspection report said the roof needed replacing ($40k), the sewer line replaced ($7k) and radon abatement ($5k).  Hard to believe a 66 yo house in a radon zone had never been checked, but it came in at six times the limit. Anyway, the seller refused to do any of the work or adjust the price. Her broker told her that since the problems had been found, she would have to reveal them to buyers, but the owner refused to budge.

We walked.

How on earth was the sewer line so cheap?


Extremely short ~40 ft. and only the section under the driveway was a problem.
 
2022-10-07 7:04:08 PM  

The Headless Horseman's Headless Horse: roostercube: Sex swing being installed this weekend. I think it'll double the property's value (to me).

I'll give you credit for being honest. My wife just calls it a yoga trapeze.


Things are complicated these days...sex swing hiding in plain site on a Spectrum Mobile Commercial

couldn't find a youtube link to the commerical
 
2022-10-07 7:05:08 PM  

natazha: tom baker's scarf: Pro tip. If you live in an area that has radon get radon detection kit or sensor. while you are touring a house stash one in a low, shadowed area of the basement if you like the house. then in a couple days ask if you can tour it again and grab up the indicator.

Heck, we were more than willing to pay for a professional. Makes it difficult for the seller to ignore it.


You should always get an inspection just to know what you're up against even if it's going to be gut renovation.  I think the original posters clandestine strategy is the way to completely avoid having to get out of a contract or negotiating remediation costs by running away before you even make an offer.
 
2022-10-07 7:06:45 PM  

Hyjamon: The Headless Horseman's Headless Horse: roostercube: Sex swing being installed this weekend. I think it'll double the property's value (to me).

I'll give you credit for being honest. My wife just calls it a yoga trapeze.

Things are complicated these days...sex swing hiding in plain site on a Spectrum Mobile Commercial

couldn't find a youtube link to the commerical


Dan Savage just made a mention of some of his friends getting one, not because they're kinky, but because doing it on the bed was getting too painful for that couple.
 
2022-10-07 7:10:13 PM  

roostercube: As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).


Ok so you got the front porch set. Do you need to do any work inside?
 
2022-10-07 7:13:16 PM  

OccamsWhiskers: Hyjamon: roostercube: As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).

remodel or repair?

Remodel: "I don't like the dark walnut flooring and would rather have light colored oak."

vs.

Repair: the hot water tank is not working

Why should I pay to remodel for new people who may not like my choice of a remodel?

I think that goes for a lot of repair issues too. A selling owner will very likely not get a new water heater with the ideal capacity, durability, and efficiency that you might choose for yourself. For stuff like that with a range of options & costs, we have gotten credit for a fix on the low end of the budget and put that money toward the level of repair that we are willing to pay for.


In my case, it was a mixture of both. The whole house needed paint, which was normal and expected. The solid wood door between the house and the garage had taken a hit strong enough to split the door vertically, so this would be a required repair per code. The floors themselves were fine, but the quarter round was installed incredibly poorly and looked terrible, so that was a rework of a bad remodel. All of the lighting, plus kitchen cabinets, dishwasher, and fridge were from the 80s, so that was more of a remodel.

I wouldn't fault someone who couldn't do the work themselves from walking away from a place that's in dire need of updating. Paying for a contractor to come do the work correctly gets really expensive, quickly. In a seller's market, people don't have as many options--but, thankfully, the market is flipped a bit and sellers ought to do better going forward (for a little while, anyway).
 
2022-10-07 7:14:40 PM  
Buyers often ask for stuff just to see if they can get away with it. For the first house we sold, the only item on the inspection report was "the furnace might need to be replaced in the next five years". Everything else was tip-top.

Their requests: "Replace the furnace and cut down that big beautiful maple tree out front, because it might fall over in a storm some day and take out the power line across the street."

Our response: "No, but thank you for your time."

Their response: "Wait, wait, fine, OK... when can we close?"
 
2022-10-07 7:17:15 PM  

Explodo: natazha: Before we bought our current house, we made a bid on another. The inspection report said the roof needed replacing ($40k), the sewer line replaced ($7k) and radon abatement ($5k).  Hard to believe a 66 yo house in a radon zone had never been checked, but it came in at six times the limit. Anyway, the seller refused to do any of the work or adjust the price. Her broker told her that since the problems had been found, she would have to reveal them to buyers, but the owner refused to budge.

We walked.

How on earth was the sewer line so cheap?


About five years ago our main sewer line under the house cracked (original cast iron pipe from the early 50's).  Fortunately the spill was grey water only, not black water.  We had to have the entire run replaced with PVC, including a 15 foot stretch in the front yard that required digging and adding a popup overflow thingamabob.  It cost us $9k, so depending on the work that was done, $7k sounds like it's in the ballpark.
 
2022-10-07 7:18:40 PM  

12349876: Hyjamon: The Headless Horseman's Headless Horse: roostercube: Sex swing being installed this weekend. I think it'll double the property's value (to me).

I'll give you credit for being honest. My wife just calls it a yoga trapeze.

Things are complicated these days...sex swing hiding in plain site on a Spectrum Mobile Commercial

couldn't find a youtube link to the commerical

Dan Savage just made a mention of some of his friends getting one, not because they're kinky, but because doing it on the bed was getting too painful for that couple.


We're both healthy, she'd just started some workout program during the pandemic that used one.

She did her best to convince friends that it wasn't what they thought. Even pulled out the box. But they knew.

Yeah. They knew.
 
2022-10-07 7:19:32 PM  

slantsix: I'm staying with a real estate agent friend on Vancouver Island right now, where tear -downs outside the city are still in the $1M to $2M range. He's having a hard time selling anything right now and is very very honest about making the mistake of setting the price too high recently, and the market going soft. You know, reality.

Still, I'm instantly in love with this place. I could see myself retiring here when the time comes. Whether we can make it financially, I'm not sure yet. It's nice to dream though. Maybe the market will keep sliding....


A massive earthquake and correspondingly massive tsunami is overdue on the nearby tectonic plate, isn't it?
 
2022-10-07 7:21:15 PM  

pissnmoan: Advice from an old guy


Username checks out...
 
2022-10-07 7:22:46 PM  

The Headless Horseman's Headless Horse: 12349876: Hyjamon: The Headless Horseman's Headless Horse: roostercube: Sex swing being installed this weekend. I think it'll double the property's value (to me).

I'll give you credit for being honest. My wife just calls it a yoga trapeze.

Things are complicated these days...sex swing hiding in plain site on a Spectrum Mobile Commercial

couldn't find a youtube link to the commerical

Dan Savage just made a mention of some of his friends getting one, not because they're kinky, but because doing it on the bed was getting too painful for that couple.

We're both healthy, she'd just started some workout program during the pandemic that used one.

She did her best to convince friends that it wasn't what they thought. Even pulled out the box. But they knew.

Yeah. They knew.


Do you know though? As Jimi might put it..."Are you experienced?"
 
2022-10-07 7:23:04 PM  

OccamsWhiskers: Hyjamon: roostercube: As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).

remodel or repair?

Remodel: "I don't like the dark walnut flooring and would rather have light colored oak."

vs.

Repair: the hot water tank is not working

Why should I pay to remodel for new people who may not like my choice of a remodel?

I think that goes for a lot of repair issues too. A selling owner will very likely not get a new water heater with the ideal capacity, durability, and efficiency that you might choose for yourself. For stuff like that with a range of options & costs, we have gotten credit for a fix on the low end of the budget and put that money toward the level of repair that we are willing to pay for.


Yeah the owner I bought from wasn't willing to replace the water heater last summer, so when it came up on the inspection I just asked for some credit to apply. Still paid over asking but was able to put that extra money to replacing the carpet, which was not strictly necessary but desired.
 
2022-10-07 7:36:56 PM  

Vlad_the_Inaner: So is my telling the people who cold call me to buy my house that my price is a million dollars starting to pay off yet?

/there seem to be fewer calls
// not so with the 'you are 65 next year, let me tell you about medicare" calls


We get offers for our buying price 10 years ago.  Told my wife to counter offer with $2 million. if they balk, tell them to take a hike and come back when they are serious.  2nd time they show up, i go "sure let me think about it, um.. whoa are you?  What?  can i see you iD?  take the info, and tell them if they show up a third time i am going to file a retraining order against them.  Good day!
 
2022-10-07 8:58:05 PM  

Hyjamon: The Headless Horseman's Headless Horse: roostercube: Sex swing being installed this weekend. I think it'll double the property's value (to me).

I'll give you credit for being honest. My wife just calls it a yoga trapeze.

Things are complicated these days...sex swing hiding in plain site on a Spectrum Mobile Commercial

couldn't find a youtube link to the commerical


Looks like a pilates cadillac reformer to me. https://pilatesreformersplus.com/collections/pilates-cadillac-reformers-trapeze-tables

Not that you can't put one of those to better use than pilates.
 
2022-10-07 9:17:38 PM  
CSB; Back around 1991 when I was looking for a house.

Really nice looking urban house, circa 1940, two story. Nice, clean, not completely up to date but nothing horrible about it. Went to the open house and looked around. Spoke to the real estate agent who had set up in the kitchen, where the door to the basement was.

I walk downstairs. The entire basement was empty and clean. Walls and foundation looked good.

Well, except for the LARGE piles of dog shiat literally every 2 feet over the entire basement floor.

I walk up, REA asks me what I think.

Me: "You haven't been down in the basement, have you?"
Him: "No?"
Me: "Go take a look"

A minute later he comes back up, ashen face.

"I'm closing this open house. I'll have to speak to the owners about that."

/csb
 
2022-10-07 9:18:04 PM  

tom baker's scarf: - bare, unprotected, flexible copper gas lines coming out of basement foundations to the outside then back into the house for a fireplace.


this is actually great advice. Cheers Man
 
2022-10-07 9:24:38 PM  

roostercube: As someone who just closed on a new place 8 weeks ago, I can sympathize. We practically did a remodeling of the place prior to moving in and if you don't have experience with that type of work I'd fully respect anyone taking a pass. It's just not worth paying for someone else to do the remodeling as a buyer--make sellers do a better job of getting their properties out of disrepair.

Sex swing and stripper pole are being installed this weekend. I think it'll double the property's value (to me).


Sounds like you'll be opening an elementary school then?
 
2022-10-07 9:48:04 PM  
CSB......I bought my house April 2021. I was extremely lucky. Previous owner completely remodeled (modern farmhouse), resurfaced the pool, new roof in 2020, new appliances. Then the wife hit him with a divorce and he wanted to sell. He didn't want the home turned into an Airbnb, so my realtor went to bat and gave him my sob story. "I grew up in the area. Just want a house to live in. I own a business here. Blah blah blah". He could have easily sold this house for $600,000, but I nabbed it for under $500,000 because he likes my story and knew I would take care of it. It helps he's already rich and wasn't looking for a big payday.
The guy actually stays in touch with me too. He emailed after Hurricane Ian passed by just to make sure my wife and I were ok.
The market f*cking sucked otherwise. Homes needing extensive repairs that were being sold over asking. I'm not buying an overpriced home then renovating it. I'm glad the market is cooling. Sellers had too much power.
 
2022-10-07 10:14:00 PM  

clkeagle: OccamsWhiskers: I think that goes for a lot of repair issues too. A selling owner will very likely not get a new water heater with the ideal capacity, durability, and efficiency that you might choose for yourself. For stuff like that with a range of options & costs, we have gotten credit for a fix on the low end of the budget and put that money toward the level of repair that we are willing to pay for.

Many homeowners will just buy whatever is on sale when it comes to remodeling, especially when preparing their house for the market.

When we first bought our house, we realized that the new-looking toilets were prone to clogs from, well, things that really shouldn't clog any toilet. There was nothing remarkable about what was clogging it, but we were still plunging 3-4 times every week. Sometimes more. I started to do some research and the Mansfield toilets that were installed by the previous owners were the absolute worst rated toilets offered by Menards. We're talking numerous one-star reviews, and lots of details in plumbing message boards about the shape of the bend being unsuitable for actual operation.

A little more research and we got the Toto Drake from a local plumbing supply shop to replace it. Only $50 more than the Mansfield crappers from Menards and we've had to plunge maybe three times a year since installation.


I've had to plunge thrice in 10 years. WTF are you eating?
 
2022-10-07 10:14:36 PM  

clkeagle: OccamsWhiskers: I think that goes for a lot of repair issues too. A selling owner will very likely not get a new water heater with the ideal capacity, durability, and efficiency that you might choose for yourself. For stuff like that with a range of options & costs, we have gotten credit for a fix on the low end of the budget and put that money toward the level of repair that we are willing to pay for.

Many homeowners will just buy whatever is on sale when it comes to remodeling, especially when preparing their house for the market.

When we first bought our house, we realized that the new-looking toilets were prone to clogs from, well, things that really shouldn't clog any toilet. There was nothing remarkable about what was clogging it, but we were still plunging 3-4 times every week. Sometimes more. I started to do some research and the Mansfield toilets that were installed by the previous owners were the absolute worst rated toilets offered by Menards. We're talking numerous one-star reviews, and lots of details in plumbing message boards about the shape of the bend being unsuitable for actual operation.

A little more research and we got the Toto Drake from a local plumbing supply shop to replace it. Only $50 more than the Mansfield crappers from Menards and we've had to plunge maybe three times a year since installation.


A two different plumbers told me you should only buy three brands of toilets ever.

Toto, American Standard, and Kohler.
 
2022-10-07 10:18:23 PM  

Nonrepeating Rotating Binary: CSB; Back around 1991 when I was looking for a house.

Really nice looking urban house, circa 1940, two story. Nice, clean, not completely up to date but nothing horrible about it. Went to the open house and looked around. Spoke to the real estate agent who had set up in the kitchen, where the door to the basement was.

I walk downstairs. The entire basement was empty and clean. Walls and foundation looked good.

Well, except for the LARGE piles of dog shiat literally every 2 feet over the entire basement floor.

I walk up, REA asks me what I think.

Me: "You haven't been down in the basement, have you?"
Him: "No?"
Me: "Go take a look"

A minute later he comes back up, ashen face.

"I'm closing this open house. I'll have to speak to the owners about that."

/csb


Was this Pennsylvania?
 
2022-10-07 10:35:34 PM  

Intrepid00: Nonrepeating Rotating Binary: 
"I'm closing this open house. I'll have to speak to the owners about that."

/csb

Was this Pennsylvania?


Minneapolis.
 
2022-10-07 10:38:50 PM  

natazha: Before we bought our current house, we made a bid on another. The inspection report said the roof needed replacing ($40k), the sewer line replaced ($7k) and radon abatement ($5k).  Hard to believe a 66 yo house in a radon zone had never been checked, but it came in at six times the limit. Anyway, the seller refused to do any of the work or adjust the price. Her broker told her that since the problems had been found, she would have to reveal them to buyers, but the owner refused to budge.

We walked.


Yeah well the answer to all that repair nonsense is always "Fark you, buy it and fix it yourself or don't, it's your problem not mine". Eventually the selling price may come down as a result but the seller should never make repairs to a house they aren't going to be living in - that's insane.
 
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