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  Fact Checker
Posts: 16575
   
Location: Displaced Iowegian | Itsme - 2014-02-14 8:26 PM Im sure horses kill and severely injure 5 times more than mold. Maybe govt should put a stop to equine sports... Do you have to work at being "dense" or does it come naturally ??? No one suggested that mold KILLED anyone but it CAN make a person severely ill and more so if they have health problems.......but then, I am certain that you are smarter than all of the scientists and researchers who have done hundreds (if not thousands) of medical studies.....maybe you can get a "certified" job with them......
By the way, the mold removal company here hires any "yahoo" off of the street and gives him (or her) a two week course in mold removal.....waaaa-laaaaa.........certified?????
Edited by NJJ 2014-02-14 9:21 PM
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 Expert
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Location: ohio-in my own little world with pretty ponies :) | The price isn't too off from most houses around here. There are a lot of foreclosures in this area. My parents paid the same price for their house and it's exactly the same and theirs was a foreclosure as well in the same area but I'm just keeping my fingers crossed and hoping and praying this works out and the mold is something we can get taken care of. We have no problem paying for any inspection that is needed and clean up of the mold!! |
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Fact Checker
Posts: 16575
Location: Displaced Iowegian | lexyy12 - 2014-02-14 9:24 PM The price isn't too off from most houses around here. There are a lot of foreclosures in this area. My parents paid the same price for their house and it's exactly the same and theirs was a foreclosure as well in the same area but I'm just keeping my fingers crossed and hoping and praying this works out and the mold is something we can get taken care of. We have no problem paying for any inspection that is needed and clean up of the mold!!
I would offer far less than what they are asking....you can always come up......we looked at a place that had mold. We got an estimate from a mold rremoval company and it was over 10K. We passed on the place because there is always a "reason" there is mold and it was going to be MORE money to fix that problem. |
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Expert
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Location: ohio-in my own little world with pretty ponies :) | We were definitely thinking about offering a lot less than asking price. All they can do is say no or send back a counter offer. Can we decide who does the inspection? And the people who do the inspection can give us an estimate of removal cost? |
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 Warmblood with Wings
Posts: 27846
Location: Florida.. | lexyy12 - 2014-02-14 11:01 PM We were definitely thinking about offering a lot less than asking price. All they can do is say no or send back a counter offer. Can we decide who does the inspection? And the people who do the inspection can give us an estimate of removal cost?
usually your realtor has one she can call.. offer low.. they can counter and go from there.. remember your the one buying.. stand firm..adn you can be there when inspectors there and ask questions regarding it . |
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Expert
Posts: 2276
Location: ohio-in my own little world with pretty ponies :) | Ok good! Thanks for all the awesome advice you guys are offering to me! I hate to call the realtor and ask a million questions but I will. This is such a big step and we don't want to take the wrong one. |
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 Elite Veteran
Posts: 974
Location: USA | I'm not sure how things are done where you live, but my hubby and I bought a foreclosed Fannie Mae home about a year ago. After placing an offer and it being accepted, we had 10 days to "opt out" of the contract. In those 10 days is when the tentative homeowner should have the home inspected and everything wrong with the house laid out. The problem with getting a home inspection on a foreclosed house (at least in the county I live in), is if the inspector finds anything wrong with the house, the foreclosure company won't negotiate with you on price. We basically had to buy our house "as is", or we couldn't buy it. They would not negotiate at all. If in those 10 days you decide to not purchase the house, then you can legally drop the contract.
We actually opted not to do a home inspection, which I don't recommend. We didn't because my step dad is a licensed builder and heating/AC contractor, and is anal to a T. He picked over the house with a fine tooth comb, going into the attic, looking at electrical - the whole nine yards - so we knew what issues the house had. With that being said, home inspections can be pretty pricey depending on the size of your home. If we had decided to get one, ours was going to cost over $600. With that being said, having one is definitely a must, just know you may not be able to negotiate with the price since it is a foreclosure. And if you spend the money on an inspection and find the house has too many things wrong with it, you're only out the cost of the inspection which is way cheaper than buying a house and finding down the road you have to spend thousands and thousands to get stuff repaired.
Good luck and I hope everything works out!! Home buying can be so stressful but it's definitely worth it! |
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Elite Veteran
Posts: 974
Location: USA | And usually your realtor can tell you who to use for an inspector. They have an inside ear on who is reputable. |
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 Proud to be Deplorable
Posts: 1929
| lexyy12 - 2014-02-14 10:01 PM
We were definitely thinking about offering a lot less than asking price. All they can do is say no or send back a counter offer. Can we decide who does the inspection? And the people who do the inspection can give us an estimate of removal cost?
You will need a home inspection and a mold inspection....Not the same thing. |
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Warmblood with Wings
Posts: 27846
Location: Florida.. | jbhoot - 2014-02-14 11:18 PM lexyy12 - 2014-02-14 10:01 PM We were definitely thinking about offering a lot less than asking price. All they can do is say no or send back a counter offer. Can we decide who does the inspection? And the people who do the inspection can give us an estimate of removal cost? You will need a home inspection and a mold inspection....Not the same thing.
exactly.. and ask your realtor questions.. alot.. she is getting paid if you by it so ask away.. |
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 Expert
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Location: Kansas | lexyy12 - 2014-02-14 10:08 PM
Ok good! Thanks for all the awesome advice you guys are offering to me! I hate to call the realtor and ask a million questions but I will. This is such a big step and we don't want to take the wrong one.
It's the relator's job to answer questions
If the realtor sells the house, they will be making a lot of money
Remember, the realtor is working for the people who own the house unless you have connected with one to find you a house
Ask away, don't take chances. It's your money, life and future
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Tried and True
Posts: 21185
Location: Where I am happiest | Man O man. Itsme sure sounds an awfull lot like ole skidboots.But then one dumbazz sounds just like another.  |
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Expert
Posts: 2276
Location: ohio-in my own little world with pretty ponies :) | She was recommended to us by a few friends to help us find a house and she has been amazing so far! She isn't one to "sell a dream" she is realistic and always always always reminds us to shop within our budget and making sure it's perfect. The last thing she wants is for us to end up "house poor" I completely trust her. Just wanting to kind of find out what I can for when we talk to her so we know where to go, what steps to take and what to ask her. I know she will help and do everything she can. Also what to expect her to know and take care of to make sure we are dealing with the right person(which I really think we are)
Edited by lexyy12 2014-02-14 10:52 PM
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Warmblood with Wings
Posts: 27846
Location: Florida.. | Normally.. if you find a home you want to make a offer on.. realtor for seller will send a Disclosure and a existing survey.. meaning disclosing what is wrong with home to the best of their knowledge..really check things out not just the pretty.. but the other things.. (how old is roof, septic, water pump, etc..)if home is older.. make sure all the pipes and septic are ok and how old it is.. if its old.. at some point it will need replaced and so factor that in to your offer.. as well as roof..
then make offer..put a binder on it which is held .. make the offer on lower end.. (not sure when you finance what the going rate is )but with cash I usually will play that to my favor and offer 25,000 less then asking price and we counter back and forth and I end up paying what I thought was reasonable.. halfway..
then when offer is accepted (usually within a time frame of 48 hours ) your realtor will set up a home inspection and if you want a mold inspection to then that as well.. within a time frame. then day before closing you have a final walk thru to make sure its all ok.. so in the contract she will put stipulations meaning that if it doesnt pass inspection you get your binder back and can walk away.. if by any reason all goes well and you just change your mind you wont get your binder back so put under a 1000 down..
(im going by cash deals I have no idea how financing works)
but ask her things.. go see home several times before you decide.. realtors get a pretty good check ( i think 6% or so of priced paid) for services so ask away.. also not sure how foreclosures work either.. im sure diffferantly
Edited by Bibliafarm 2014-02-14 11:41 PM
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Expert
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Location: ohio-in my own little world with pretty ponies :) | Thank you so much! We were planning on at least going to look at it with realtor and SO for the first time and then taking my parents to look(my dad is super protective and will insist on going and taking a look and nit picking it for his baby girl) and then deciding. |
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Warmblood with Wings
Posts: 27846
Location: Florida.. | Great idea!! daddys love that and its good to have them check it out to. my dad is same way and I have grandkids. lol |
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Expert
Posts: 2276
Location: ohio-in my own little world with pretty ponies :) | Bibliafarm - 2014-02-15 12:45 AM
Great idea!! daddys love that and its good to have them check it out to. my dad is same way and I have grandkids.lol
He is still in denial about us looking. He really thinks I'm going to live at home forever(I'm the baby of 6). He would rather SO and I live there forever and have kids in his house than us leave. He wants us to buy some of the farm land beside their property and build a house but I am not that into living that close to my parents and this house we are looking into is...ready for it?.........a whopping 7 minutes away! But he will still say it's too far! |
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"Heck's Coming With Me"
Posts: 10797
Location: Kansas | Saw a real eye-opener on tv one day about a wealthy family. Dad and son became very sick and disoriented. Dad sustained permanent sensory damage, son got okay. All because of black mold that spread through the walls of their "mansion" as the result of a leak from a tube that led to the icemaker on their refrigerator. Mom would never have known what what causing her family to be sick but she was discussing it with a friend on a plane one day and an air quality expert across the aisle just happened to hear her and intervened with what he thought her problem was. House was condemned (six million) and they sued and won a huge settlement from the insurance company who had refused to fix the water problem. Very interesting story. Mold was called something like strepoboxus. Know that isn't spelled right but it sounded like that. |
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 Expert
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Location: nearby | Nevertooold - 2014-02-14 2:05 PM
Itsme - 2014-02-14 1:19 PM LOL@ the mold hysteria!! The EPA is doing a good job making people scared and keeping themselves relevant.
It's evident you don't have a clue what you are talking about. Black mold is very real and very dangerous.
I agree. I have worked in a Courthouse for almost 50 years. A survey was made last summer to see if there was mold present. It was, all kinds, including the dreaded black mold. It was worse in my office than anywhere. They got an estimate to rid the building of mold. 2.5 million ! The county cannot pay that. Our office moved out.....temporarily. People are still working there and apparently do not understand the danger of this. I would pass this house by! JMHO |
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Expert
Posts: 2276
Location: ohio-in my own little world with pretty ponies :) | I'm feeling a little sad that it might not be good or that it will end up being worse than they say. Ugh..... |
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