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Every Thing Else Board
Our kids have situation, wondering if anyone else been through it
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<blockquote data-quote="simme" data-source="post: 1764439" data-attributes="member: 40418"><p>Some things to consider:</p><p>Foundation inspection as Murray suggested with estimate for any repair.</p><p>Termite inspection.</p><p>Maybe an overall inspection by those guys that inspect houses for real estate closings. Be sure to find a good one. Sort out the cosmetic issues they find from the serious issues and get estimates for the serious/major issues.</p><p>If the house needs considerable repair/remodel, think about code issues. I think at a certain level of remodeling/repair, out of code issues have to be fixed. Look at what those are and what it would cost.</p><p>What would the house be worth if it were in good shape? Is it a real gem if all the repairs were made or just an out of date repaired house? Does the layout and style fit their needs? How does the repair cost compare to the cost of a new house that they would build?</p><p>Regardless of quality of inspection and estimates, there will be the things that are not seen or discovered until the repairs start. That is always a risk.</p><p>I have no real experience. Just watched a lot of "This Old House".<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="simme, post: 1764439, member: 40418"] Some things to consider: Foundation inspection as Murray suggested with estimate for any repair. Termite inspection. Maybe an overall inspection by those guys that inspect houses for real estate closings. Be sure to find a good one. Sort out the cosmetic issues they find from the serious issues and get estimates for the serious/major issues. If the house needs considerable repair/remodel, think about code issues. I think at a certain level of remodeling/repair, out of code issues have to be fixed. Look at what those are and what it would cost. What would the house be worth if it were in good shape? Is it a real gem if all the repairs were made or just an out of date repaired house? Does the layout and style fit their needs? How does the repair cost compare to the cost of a new house that they would build? Regardless of quality of inspection and estimates, there will be the things that are not seen or discovered until the repairs start. That is always a risk. I have no real experience. Just watched a lot of "This Old House".:) [/QUOTE]
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Our kids have situation, wondering if anyone else been through it
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