For Sale By Owner - Bad Roof
On 23 May 2004 20:24:28 -0700, someone wrote:
At what point should I get an attorney involved?
NOW.
An attorney often can't do much for people after they have already
signed a contract.
Personally, I doubt you will buy this house. Because people here will
instruct you to insist on so many conditions that the Seller will
never go for it. It may be FSBO because he owes close to what it is
worth and can't afford to pay a commission onn the sale, and also he
has no money to fix the roof.
Therefore insisting he fix the roof may be pointless. He will
probably end up selling cheap to someone who will take it "as-is",
figuring the cost of the Buyer doing the roof into the price offered.
And wouldn't most buyers be better off having their hand picked
contractor do the job to last, rather that telling the Seller who
wants out and to spend the least possible money, to do it?
Fixer uppers are bargains for people who know what they are doing and
are willing to TAKE ON SOME RISK. A newbie like you, naw, I doubt you
will buy this house.
-v.
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