Wednesday, February 25th, 2009 at 6:53 PM

Fix ‘Em Up, Or Else

Reader Comments: 8 Responses

  1. Chirp!! Why do they ALL do that??

  2. Jim, the asset manager is dyslexic. He meant $139,000.

    Actually, I’d probably be willing to offer an all cash deal. $31,900. would work for me.

  3. I’ll offer $8.99 for the runner.

  4. Woohoo! Houses with motorcycle parking for everyone!

  5. That’s the new closette feature. You pay extra for that.

  6. I’m guessing someone will overpay at $154,500. Too many digits for my stomach.

  7. That neighborhood looked like a dump so don’t know why anyone would pay 300k plus even if it was fixed up. Nice carpet over the fence next door. I’m sure once it sells for 150k that comp will do wonders for the neighbors hoping on Obama’s refinance plan even if it was already a hopeless option anyway.

  8. You can’t get a loan (mortgage) with the kitchen unfinished. The house needs to be in ‘livable’ condition to get one (small deficiencies might be overlooked but not the ones in that property). I am surprised that the bank contact doesn’t understand that!! Must be green!

    You could get a bridge loan or a construction loan to buy the property though (but it has a higher interest rate). Once the kitchen is finished, you would be able to replace the bridge or construction loan with a normal mortgage.

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