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Author
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Topic: House at Sheriff Sale
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RemodelingGuy
Moderator Posts: 890
From: Houston, Texas
Registered: Mar 2001
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posted 08-07-2003 08:23 AM
   
What Provip said. Very good answer!  ------------------
Jimmy McDonald
http://www.StartRemodeling.com
Jimmy@StartRemodeling.com http://www.ToxicMoldUSA.com
McMoldMan@ToxicMoldUSA.com
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provip
Moderator Posts: 1115
From: Victoria, BC, Canada
Registered: Mar 2001
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posted 08-04-2003 07:30 PM
Not sure I understand what you mean by the basement has 5ft of water.
Just because it’s a sheriffs sale doesn’t mean it will be a good deal. If you have time, get some expert advise on cost to repair. Then deduct this from market value of the property when fixed and see if it looks like a good deal.
If you have the know how and equipment to do the repairs, this is where it can become quite viable.
A lot of people panic when they hear the word mold, but this doesn’t have to be. In most cases I have seen, mold can be dealt with easily but should be done with a trained eye.------------------
Bart Blainey
Consultant/Journeyman Carpenter
Building Envelope Specialist
Master Renovator
provip@prodeck.org
www.prodeck.org Barton Blainey (provip) specifically assumes no legal liability or responsibility for the accuracy, completeness or usefulness of any information or process disclosed. The above further expressly advises that any use of or reliance upon the information and or opinion disclosed is at your risk .
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Sheriff Sale
unregistered
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posted 08-03-2003 06:48 PM
Hello,I am looked at the possibilty of purchasing a house at a sheriff's sale. The problem is the basement has 5ft of water. I have not noticed a srong musty smell. The house needs a new roof, but I did not see any signs of mold on the main floor, but wonder if I should invest in this house since I can get to the basement. I know the foundation needs repaired... BUT?
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