"Gren" wrote in message
om...
Oh boy. Just this past friday, my wife, our broker, an indepedant
inspector and I converged and met regarding a house we're looking to
buy. We love this house, and really have begun to dream about what we
can do with it. It's a little bit of a fixer-upper, but nothing
crazy... or so I thought.

need advice.

Simple really. It comes down to two choices.

Choice #1. Buy the house "as is" at a price that will allow for the
repairs. Keep in mind that other parts of the house probably need drastic
updating also. You are not just buying a house to live in, this is a house
that will be a part time job renovating for a few years. If you are not
interested in doing all of that, see the next choice.

Choice #2 is to walk away. There are other houses out there.

There is an alternative to Choice #1. Dig a big hole. Throw money into it
every week.
Ed