Quote:
Originally Posted by Happydaz
Here is an example for why a preowned home may cost more than a bare bones newer house. If you start with a designer home that cost 290,000 then add $4,000 for a stone or enhanced driveway, another 15,000 for landscaping, $13,000 for wood floors, $18,000 for enclosed glass lanai with a leveled tile floor, $4,000 for crown molding and wainscotting, $2,000 for central vacuuming, This reflects what some of us spend on our homes. Obviously you can't always expect to get back what you paid for improvements, but it may show why existing homes are listed higher.
|
IMO (From pass experience) would make sure permits was pulled on the upgrades and if they are close to the property boundary lines. IMO Realtors are working for the seller and IMO they will tell you about anything for sale and not necessarily what has been not IAW codes. also, I would check date on water heater and fire detectors, If there over 10 years old, demand they be replaced cause you will be replacing them in short time. Some home owner may not be aware of the permit problems cause the house has been sold several times with upgrades they're not aware of that wasn't done right. This what sellers pay realtor or title company for and you pay and inspector for. IMO don't go with the recommended realtor inspector.
With this one bitch complain system you can be in world of s*&%. good example was the lady that brought place and the driveway done by previous owner or owners wasn't done to correctly. IMO the realtor, title company, inspector, and the contractor in can be traced back should be held accountable. Not the lady that brought 20 plus year old house less than 8 months cause somebody complained. IMO there should be more than one complaint like 10 before they are acted on. this would illuminate the troublemaker.