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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Old House Posted by SeanW on June 14, 2003 at 1:15 PM In Reply to: How much money is it worth to have to put in.. posted by Jenifer on June 14, 2003 at 12:06 AM An appraiser is not qualified to say if a house is structually sound. You need a building inspector or an engineer's opinion. Even if you found another bank and another appraiser to skirt this, it's just the kind of thing that can bite you in disclosure when you sell. So C.Y.A. The deal might still be profitable... A damaged house will scare off casual investors and perhaps you can get it really cheap. Just double check your estimates. Follow Ups: Re: Old House Jenifer 2:05 PM, 06/14/03 (2) Re: Old House SeanW 2:56 PM, 06/14/03 (1) Re: Old House Jenifer/SeanW 11:05 AM, 06/16/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : An appraiser is not qualified to say if a house is structually sound. You need a building inspector or an engineer's opinion. : Even if you found another bank and another appraiser to skirt this, it's just the kind of thing that can bite you in disclosure when you sell. So C.Y.A. : The deal might still be profitable... A damaged house will scare off casual investors and perhaps you can get it really cheap. Just double check your estimates. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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