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Hi Friends
I am new to ohio and am seeing small water draining ponds in many areas. It is of size about 8-10 feet in diameter. Since the water basin is very high in Ohio, they build these ponds every 10-15 houses in some areas so that during rainy season the water will drain in to these ponds which will be diverted to somewhere else. Except during rainy season they will be dry and usually they grow grass (SOD).
There is this house that has such a pond right at the entrance, left hand side of the site and on the property. So they have made a long drive way that goes deep inside the site and the house is built deep inside their site.
There is about 15-20 feet gap between the house and this pond and home owners association takes care of the maintenance of this pond.
My question is, what are the disadvantages of having this next to your house. Is it dangerous for the structure or is it bad for resale value of the house?
Your feedback will be highly apprecaited.
Thanks
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I’ve invited a few ghost hunters to visit as house guest . I wont mention any names , However I will hint that they have a tv show on ghost hunting.
This is the ?? ,
Will the Value of our home if publicly declared officially haunted go up or down or stay the same .
The photo seen as my ID is the log cabin part of this home .
That photo was taken in the late 1800′s right before they built the rest of the home around the log cabin.
The home is a victorian design historically built in as early as 1803 (log Cabin) and 1887 for the rest of the house.
Given those many years we are guaranteed to have had a fair amount of life & death on the property.
The Home & environment is peaceful , However ..in my opinion and others who reside at the home , the property is occupied with others who seem to love the place as much as we do.
What say Ye on the haunting .
Good or Bad for resale value..That is the question.
Thanks.
Publicly declaired on Television that it is haunted.
Just for the record , No one said anything about a gov. agency .
The party Im inviting to authenticate haunted or not are Ghost Hunters.
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Because if McCain wins he’ll have the government buy my bad loan and resell it to me at a price I can afford right?
And Republicans call Obama a socialist.
Must be too early for sarcasm on Y/A today.
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Ok, this is the deal. Right now we are renting a house from my husbands grandma, that she bought just for us to rent. It is a small house that was about $50,000. We are looking at buying a bigger house on our own this time. But we are not sure if we should just buy the house we live in now from her and fix it up and resale it and use that money for our down payment on a bigger house? Or should we just get out of the rental and save up money for a bigger house?? We would fix the house we live in now to make a little extra money.
we are currently paying $585 a month. But right now we have figured that would could afford a mortgage for a $180,000. home.
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We are planning on buying a home, but many people have warned us that we should reconsider because there is a penalty if you sell a home in less than two years after you buy it.
This is an issue for us because my dh is in the army and we may be relocated sooner than the usual 3 yrs. But we do think buying is a good investment for us because it’s cheaper than renting and we would be paying ourselves instead of paying rent… – is this logical?
The several people who have warned us to be careful of this also don’t have any detailed info on the penalty – most think it is either a tax issue or a stipulation on the mortgage. Our realtor is finding us a home with the number one feature being resale potential. He said the government may tax 3% (?) on any profit we make in the resale, but our bank says there is no fee for paying off the mortgage early.
Does anyone here know what this penalty is about or has anyone experienced this before? I just want to make sure we are making the right decision in buying a house (the whole point is to save or make money – not get into debt!)
thanks in advance!
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We are under contract on a house and currently scheduled to close in Nov. Are last step in the process suggested by the Realtor was to call and ensure the property had never been used as a meth lab. We figured this was a no brainer, as the house was extremely nice and in an upscale neighborhood….. WRONG… There had been a case in which the house was condemned due to a teenager whose mother caught him cooking meth at the house when she came home. NO supposedly there was never cook that occurred, according to the police report, but the environmental group was called out and the house remained vacant for two months until they were allowed to reoccupy the premises. I was not told about this from the BANK who owns the house because they DO NOT HAVE TO DISCLOSE THE INFO!!!!!
My question is first, what does this do to my resale. I mean a lot of houses have been used and cleaned up, but the stigmata that this places on resale urks me.
This is my first house and I plan to raise a family here as well, should I say screw it and get out?
We wonder why there is such a crisis right now in the housing market… then we see this kind of BS. I am almost ready to stop looking because the bank has the upper hand right now and is screwing us all. Stop bailing them our and freakin punish them for screwing the common man.
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My husband is in a commission based job. I work a weekend job and am starting a full time job, that pays very little, but decently. I also attend college full-time. We are getting laughed at and turned down left and right because of the commission job, and because of us being first time buyers.
What can we do.
Realtors tell us the “modular” homes are horrible, and have bad resale values.
We cant’ rent a house because we have two smaller dogs, and are NOT getting rid of them.
Apartments in my area are really trashy and dangerous.
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My husband and I are preparing to buy our first house. We’ve found one that we like a LOT. It’s a beautiful house, just the right size for us and a child or two, and in a wonderful school district. It also features a very small yard that adjoins with several others and can’t be fenced. (Imagine a U-shaped cluster of houses. The front of the houses form the outside of the U; the backyards form the inside of the U). For us, this is a plus: we specifcially wanted a small yard because we don’t want the upkeep. But we realize that other buyers may not like it later. Also, there is a railroad crossing approximately 3/4 block away; the train comes through twice a day.
In a way we are fortunate these defects are there; otherwise, this house would not be available at this price. But, we are worried about resale. Are the obstacles we describe such that most other buyers are not likely to get past them? Or are they fairly common? Any realtors out there? Thanks!
We checked with the neighbors regarding train noise (the sellers say it isn’t so bad, but there’s obviously a bit of conflict of interest there). The young Mom next door says they almost didn’t buy because of the train but she is thankful now they did — she says the noise isn’t bad at all (train is once mid-day and once in the evening) and it has never once woken their baby or toddler. That’s good for us, but again: does it make a difference on resale?
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Private Label and Master Resale Rights Package
Earn 50% commission on an exclusive PLR and MRR resale package in the health and wellness niche. Get paid on a $67, $97 or $127 sale.
Is it ONLY when the house is completely destroyed? My parents have our house insured up to 95K, but it’s only worth about 30-50K (I think) right now.
I’m trying to get them to petition for insurance money for the rebuild.
Reasons why:
Roof leaks
Basement floods with water EVERY rain
House is shifting dangerously
It is not air tight
It is not insulated underneath (It was build in the 50s)
And a few more, expensive, cosmetic issues that my parents can’t afford to fix anymore.
It would benefit the bank/insurance company at resale if we were to rebuild it. Right now it is UGLY in a trailer-format and set up very odd. It’s one story, and about 3 different levels, sitting on nothing but DIRT.
What are reasons the insurance would pay for a rebuild?
The house was appraised, based on outside only, for 150K in the good market. It has not been appraised since.
Private Label and Master Resale Rights Package
Earn 50% commission on an exclusive PLR and MRR resale package in the health and wellness niche. Get paid on a $67, $97 or $127 sale.
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We currently rent out our 4500 sq ft home in TX for $2790, as we temporarily live in AZ…where we pay $1250 in rent for a condo. We do plan to move back to TX, and we’d like to keep our house, but the property taxes alone are $12K per year. It’s a beautiful home that we can grow into, but we could definitely live in something smaller. Our area is new an up an coming with a total of 300+ homes for sale right now…being a combo of resale and builders. I feel like we should get out from under the house now, while we’re here in AZ. Is it best to put it on the market now, or wait until the market gets better?
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