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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Rehab costs for burned home?? Posted by Ward-CA- on June 01, 2001 at 5:58 AM In Reply to: Burned beyond recognition???? posted by tj on May 31, 2001 at 10:43 PM : Need advice please -- There is a constable's sale on Tuesday (in Texas) for a home in an upscale neighborhood. The house has been burned - the insides are completely either burned or smoke damaged; the garage (attached) is ok. How much should I figure for repairs to this house? It's listed for CIA dues, legal fees, etc to the tune of less than $10,000. Property tax lists at $65,000 currently; $125,000 value before it burned. Neighbors values are over $100,000. : Sure would appreciate any advice! : Thanks, : TJ =•=•=•=•=•=•=•=•=•=•=•= TJ, rehab costs will vary from state to state and even within a state. In addition, rehab budgets depend on the scope of work to be done too. Therefore I would work up a fairly complete description of the required repairs and then give it to at least two local general contractors and ask each to submit their bid for the labor and material they'd charge to do the described repair work. Then I'd average the two estimates to arrive at a close estimate of what the rehab is actually going to cost. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Need advice please -- There is a constable's sale on Tuesday (in Texas) for a home in an upscale neighborhood. The house has been burned - the insides are completely either burned or smoke damaged; the garage (attached) is ok. How much should I figure for repairs to this house? It's listed for CIA dues, legal fees, etc to the tune of less than $10,000. Property tax lists at $65,000 currently; $125,000 value before it burned. Neighbors values are over $100,000. : : Sure would appreciate any advice! : : Thanks, : : TJ : =•=•=•=•=•=•=•=•=•=•=•= : TJ, rehab costs will vary from state to state and even within a state. In addition, rehab budgets depend on the scope of work to be done too. : Therefore I would work up a fairly complete description of the required repairs and then give it to at least two local general contractors and ask each to submit their bid for the labor and material they'd charge to do the described repair work. Then I'd average the two estimates to arrive at a close estimate of what the rehab is actually going to cost. 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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