Derek, a former co-worker, and a friend, just passed his real estate license, and we are happy to have him as our agent. His brother has been doing it for a while, so he has someone to answer the tough questions that we might ask him. I think I prefer a new agent, rather than a seasoned "professional" just for the honesty factor.
We had the other agent tell us that the seller didn't have an end-game if the house sold. She must think I'm really stupid! The owner of the house is a successful lawyer, ergo pretty intelligent, and the other agent says she doesn't know what she is going to do once the house sells? Please.
We did our second walk-thru of the house, and we invited our parents. We both wanted critical objective observation of the house that we were ready to put a bid on. My Dad, who I think can fix anything, has designed and built two workshops, and is very knowledgeable about these things. He brought one of those three pound 6V flashlights, and looked around. We both walked around and started finding quite a few things that would need a new home buyers attention [money].
|The deal breaker, and notice the exposed wire junction box too.|
The dry rot on the outside storage area was the deal breaker for Sweetheart and me. The unknown of how far it went, and the extent of the water damage was too much for us. After we walked through the house, I asked Dad for his honest opinion on the house. To paraphrase, "I wouldn't buy it." My Dad was really worried that he had hurt our feelings for being so honest, but that's why we brought him along.
I talked with my Sweetheart, and we both agreed that we would rather be "disappointed shoppers, than disappointed buyers." We talked with the kids, and they understood why we weren't going to be moving into that house. Row in his young wisdom, explained to me that if someone is selling something that is broke, then that is like stealing someone's money. We can learn a lot from our kids.
Keep Right On Prepping - K