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masraum masraum is online now
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Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 57,101
Quote:
Originally Posted by craigster59 View Post
I don't understand how someone would list a house for sale with no power or water. All it does is place a ton of contingencies in the contract prior to inspection.

The other thing is, if a lot of updating is needed (bathrooms, kitchen, HVAC and some "while you're in there" electrical) I hope you enjoy living in the middle of a construction zone. That's just my take.

Tell your realtor you won't close until a full inspection is done with water and electric working, even if they and the sellers agent have to put it in their name for the time being.
My assumption is that it's the kids which are probably in their 60s doing the selling, and they think or hope that the home is worth more than it really is. They also assume they should be able to tell you "it worked when we turned it off" and that would be good enough.

It's been my experience that regardless of what the item, some folks just seem to see their stuff at inflated values. They've got the home priced as if it's in perfect working order, where I think it needs to come down by at least 33%. My wife thinks it's overpriced, but not by as much as I think.

Yeah, our previous home was built a year earlier, and in the nearly 20 years that we lived there, it was frequently a construction zone.
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