I need some advice on home buying.. is this house worth it?

Discussion in 'General Home Improvement Discussion' started by scorch, Feb 26, 2015.

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  1. Feb 26, 2015 #1

    scorch

    scorch

    scorch

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    Hi Everyone, since i dont have any construction connections and anyone to give me advice i thought id seek the help from the online community. Im a school teacher, so basically i dont have alot of money. Im approved for 162k. Recently a house came on the market, and it is 144k. I went to look at it, houses in this area are selling within a week. So i kind of need to act fast.

    My question is the house looks in good shape, except for the kitchen and bathrooms(the most expensive things i guess)
    [​IMG]

    here is the kitchen
    It looks like mold, but doesnt feel moist and i cant smell anything. Im also sick so i cant really smell stuff that well


    The bathroom in the basement was filled with tons of black crap. (the toilet). No idea what it is. I suspect there was water in the basement and they cleaned it up and filled it? Why would anyone do that?
    [​IMG]


    Its scary buying a house, specially when i dont have much money and i dont want to make a horrible decision. I did back out of a great house i got at 165k and eventually someone bought it, fixed it in 2 months and sold it for 395k .

    Any advice is appreciated.
    [​IMG]



    [​IMG]
     
  2. Feb 27, 2015 #2

    nealtw

    nealtw

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    should help.........

    IMG_4928.jpg
     
  3. Feb 27, 2015 #3

    nealtw

    nealtw

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    Welcome to the site. Did yoy try flushing the toilet upstairs, it looks like a sewer backup problem.
    Depending on the problem but if there is a septic tank system that has to be replaced your budget would be gone.
    Invest in a home inspection.
     
  4. Feb 27, 2015 #4

    slownsteady

    slownsteady

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    First, check the neighborhood market values. That other house may be in a different market, so without us knowing the local market, we can not make that call.
    Second, check with yourself whether you are ready for the ride. A house with those kind of problems probably has many more that you can't see. if you are DIY handy, are the projects within your skill level? If not, how much money and or time do you have to throw at them?
    Third, follow Neal's advice above. Check the major house systems. Plumbing, electrical and waste...and of course basic structural integrity.

    (Neal: I'm pretty sure that's the ceiling in picture 1;)
     
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  5. Feb 27, 2015 #5

    nealtw

    nealtw

    nealtw

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    Ya it became clear after I flipped it.
     
  6. Nov 23, 2019 #6

    David Nichole

    David Nichole

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    Before buying the home it is very useful for you to have a proper home inspection. It will be very helpful for you to determine the condition of the home that you are going to buy.

    Home inspection is a useful part of the home buying process.

    Problems with plumbing, wiring or other structural issues can only be detected by the inspectors and you will get an expert opinion on all those problems.

    Any experienced home inspector will be able to diagnose the condition of your home and you will have certain recommendations. For any type of queries related to the inspection process contact Building Inspections Perth.
     
  7. Nov 23, 2019 #7

    Steve123

    Steve123

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    I agree with the above post on the need for an inspection. Just look at it as part of the cost of buying a house. Unfortunately, not all inspectors are very useful. There are outfits that will give a guy a certification of "Master Home Inspector" so long as he does not have criminal background, and his check for the certification does not bounce. You have to do your homework on the inspector too. Look for somebody who used to be a contractor. Besides reading his written report, phone him and try to pick his brain --- he might have opinions that he is willing to share verbally, that are not appropriate for the written report.

    To me, those photos look a lot like an unfinished flip. A little drywall, $250 of cheap laminate flooring, a paint job, and the living room looks perfect. Concerning that some parts of the house look good, some parts look bad. That they did not complete the job, might mean that they are not even very good flippers. Hidden water damage, basement water leakage, plumbing or sewer issues -- those can be big problems --- flippers are only interested in putting lipstick on the house.
     
  8. Nov 23, 2019 #8

    JoeD

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    4.5 year old post.
     
  9. Nov 23, 2019 #9

    bud16415

    bud16415

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    It's been flipped 3 times by now. :D
     

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