Jump to content

Need opinion on home im looking at.


Recommended Posts

Im looking at this house that is bank owned and built in 1999 It looks like a really nice house other that the soil around the house is really soft almost like walking on a water bed lol i just want some opinions on if its worth even getting an inspection done on it! Im a first time home buyer and will be buying this with cash i have saved up. Ive attached some pic of the house and the garage foundation. Photos of the broken window and after are of the garage and last photo os of the side of house. Thanks

9C2715E5-D369-40BB-9DF7-ADBC2EC43823.jpeg

617F4FA4-C388-429E-8670-D819B948FE67.jpeg

2803A4A5-E09C-40E5-8791-67359E1E7C45.jpeg

5C87D829-56CD-4174-A9FE-8D309D5644FE.jpeg

51E750B6-C81A-4373-A42A-243152F4CA56.jpeg

9A362E03-91AD-48B8-88AA-EEF5EB634082.jpeg

08149122-1B4E-40BA-BA65-E1C9D7B6E394.jpeg

7369C47B-B187-47A9-9731-E02F2AC432DB.jpeg

971F1139-0D1A-49DE-8807-54992035877B.jpeg

259EC4E1-FE8B-4663-B5B8-46DE5D99FB83.jpeg

67D3ECF3-8635-4D04-95F2-91A10A59D285.jpeg

19406EFB-FA2A-421D-8681-0DD614C85BAA.jpeg

0DEEE7A1-2804-4B9F-81E6-3860822CF174.jpeg

E10E58BC-BA69-47C1-A994-04D19A50618F.jpeg

BF44EADB-77DE-4AC4-8322-8A2C08A969C4.jpeg

D2599C2E-EE77-42EF-A98C-EAB0E9566DA3.jpeg

94A513BA-497A-48AC-8B68-A1D29610A421.jpeg

C112FC18-E355-4A42-8398-4DD57E0451A4.jpeg

C77FD654-BC96-4C4C-B36E-DB38D819F225.jpeg

11BCFAE7-686C-4C8C-89F5-84BAAF7233ED.jpeg

7B83B3B3-717B-4E94-A48C-9C444C9E1BFF.jpeg

DB7C358E-7236-4831-87E3-F3E30A8B8DCF.jpeg

D53EAED7-08EE-4049-B3F5-C515221F211B.jpeg

9E6F6B39-7FE5-4BD9-AF1B-D0508E92A35D.jpeg

6AF1C5FE-4DE4-43D6-9DFC-A02C3D13447E.jpeg

ABE36EDD-6672-471D-9DB0-23D52B419012.jpeg

D3B624F2-C7E8-4855-A939-3881A274D7E5.jpeg

BD1C2C98-D540-45A2-9F6E-28619E1AAAAD.jpeg

0966358A-F43A-4DAB-99C9-AEB27B8C07E2.jpeg

C2580717-D8DF-4E25-BCAA-4B30C1B7EFCE.jpeg

727A1F70-C47D-4142-9769-303345876E30.jpeg

EB22C4DE-2016-4578-ACF5-32D93A625E39.jpeg

E16B8501-C176-4515-A736-CD49B808E36D.jpeg

7E9128F2-F124-41B3-A38E-721E22263BE7.jpeg

D9CCE6C3-6C8A-4227-B35B-2E345127920D.jpeg

B62744E7-4635-49AB-891C-3214D899B7B2.jpeg

Edited by Bulldog565
Link to post
Share on other sites

I see some grading and drainage issues (downspouts, sump pump). Based on the age you are probably looking at replacing the furnace, AC, and roof soon. Could be looking at new windows in the near future also. Expect a wet crawl space and check carefully for rotted floor joists, beams, etc. Looks like a lot of neglect. In short, if the price is not well below the market, it may not be a deal. 

Link to post
Share on other sites

If you're handy and willing to work hard, you can do very well with a house like this. Buy low, invest a lot of sweat, and sell high. 

Where in Southern IL? My wife has family in Douglas County and I have personally attended the world-renowned Arcola Broom Corn Festival. 

Link to post
Share on other sites

Looking at the pics there doesn't appear to be anywhere for water to drain away from the building.  Crawl likely stays wet, which might mean lots of rot in the floor frame.  If you cannot crawl that whole space probing the framing you might be getting a lemon.  Jump up and down on the centers of rooms inside to check for floor stiffness. 

Link to post
Share on other sites

What all above said.  The key is just a standard HUD padlock key.  The crawl has to be secured by the preservation company/Safeguard. 

The soil looks soft like rodent trails or moles.  The shed definitly has animal activity.  Most components are at life expectancy.  the price is average for our mid-michigan market repos.

Without fail, get it inspected by a professional.

 

Link to post
Share on other sites

Right, location is everything. At least this place is not on the bank of the Missouri, but is there a creek or stream bed nearby? Then you look at your elevation above the flood plain, and find out what the historical flood regions are.

If you have slope between your place and the nearest bodies of water, then you can install drainage to keep your foundations dry. Cover bare dirt with poly, as that will make a world of difference.

Termite inspection is mandatory.

Link to post
Share on other sites

You need to hire an inspector, especially if it's a foreclosure property. Taking a few photos of obvious issues and posting them online is not going to be much help. The potential big issues are usually ones that average buyers don't see or understand.  It's very important to inspect attic and crawlspace areas, mold/fungi growth is commonly found in homes that have been vacant for a long time. 

Link to post
Share on other sites

Include that you want a termite inspection. A home inspector might include that, but if he doen't inspect for termites, you want that as well.

If the property has a septic tank, that needs to be pumped, and the system inspected as well as possible.

If the property has a well, not likely in that location, but if so, you want water testing for basic chloroforms at least.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...