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Default I bought a $15,000 home with problems.

I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?

Norman T.
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Default I bought a $15,000 home with problems.


wrote in message
news
I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?

Norman T.


the toilet.
--
Jim

43% of all statistics are worthless.


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Default I bought a $15,000 home with problems.

On Nov 10, 12:36?pm, wrote:
I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?

Norman T.


start by turning off all utilities.

its not insurable till repaired.

oddly enough it sounds like a fun project.

with all utilities off get gas leak fixed first, then put in temporary
electrical service. assuming main panel is OK run a line or two to
each floor for power during construction with a light on each floor.

one of my most memorable moments.

friends had a house fire, I was walking thru home with owner and
remarked dont touch around anything electrical might be dangerous.

She said no the fire restoration electrician has everything safe
theres no power on this floor. At that moment she touched a sconce by
a mantel, sparks and got shocked she flew across room.

The fire restoration folks got fired and I disconnected ALL lines from
main panel in basement and installed some temporary lines on each
floor with a master switch which served them well till the job was
complete.

In pittsburgh you MUST use a registered electrician, he asked who did
your temporary they did a nice job.


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Default I bought a $15,000 home with problems.

On Sat, 10 Nov 2007 13:30:09 -0500, Meat Plow
wrote:

On Sat, 10 Nov 2007 11:36:26 -0600, normant36002 wrote:

I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?

Norman T.


Close all the windows, let gas accumulate, hope spark occurs, collect
insurance.


What insurance?
--
Oren

"The voices in my head may not be real, but they have some good ideas!"
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Default I bought a $15,000 home with problems.

Turn off all utilities.

Ask an insurance agent what kind of insurance you need for the
construction/rehab phase (which will be expensive). Homeowner's won't cover
your losses during this period of rehab.

Or, go to:
http://www.nationalreia.com/ClubPort...enuoptID=11912 ,
find a real estate investors association group near you, join it, and offer
your property as a "wholesale" opportunity for your $15,000 plus an
assignment fee of say $5,000 and let someone else do the rehab.


wrote in message
news
I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?

Norman T.





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Default I bought a $15,000 home with problems.

On Sat, 10 Nov 2007 14:01:04 -0500, "BETA-32"
wrote:

Turn off all utilities.

Ask an insurance agent what kind of insurance you need for the
construction/rehab phase (which will be expensive). Homeowner's won't cover
your losses during this period of rehab.


Even more expensive when the OP has to buy homeowner's.

--
Oren

"If things get any worse, I'll have to ask you to stop helping me."
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Default I bought a $15,000 home with problems.

wrote in message
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I just bought a home for $15,000.


No, you didn't.


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Default I bought a $15,000 home with problems.

JoeSpareBedroom wrote:
wrote in message
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I just bought a home for $15,000.


No, you didn't.


Sure, he did. He doesn't even mind that the sides of the house have
Kelvinator in big letters.

--
One meter, to within 0.0125% accuracy (off by just under .005 inches):
Three feet
Three inches
Three eights of an inch
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Default I bought a $15,000 home with problems.

clifto wrote:
JoeSpareBedroom wrote:
wrote in message
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I just bought a home for $15,000.


No, you didn't.


Sure, he did. He doesn't even mind that the sides of the house have
Kelvinator in big letters.


Hmmmm, then he paid way too much. :-)

--
Dave
www.davebbq.com


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Default I bought a $15,000 home with problems.

On Sat, 10 Nov 2007 20:19:04 GMT, "JoeSpareBedroom"
wrote:

wrote in message
news
I just bought a home for $15,000.


No, you didn't.


Sure! Nigeria. It was on special yesterday, only.
--
Oren

"If things get any worse, I'll have to ask you to stop helping me."


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Default I bought a $15,000 home with problems.

On Nov 10, 12:51 pm, willshak wrote:
on 11/10/2007 12:36 PM said the following:

I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?


Norman T.


Turn off the gas at the source, and turn off the main electrical
breaker. After that, the electric should come first, so you can see in
the dark when fixing the gas problem. Leaking gas and electrical
sparking at the same time is asking for disaster.

--

Bill
In Hamptonburgh, NY
To email, remove the double zeroes after @


Sorry...can't resist...

"so you can see in the dark when fixing the gas problem"

You can't see in the dark, even if the electric is fixed. You can
provide light to "eliminate" the dark, but you can't see in it. ;-)

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Default I bought a $15,000 home with problems.


wrote in message
news
I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?

Norman T.


Troll Meter Rating - zero

plonk


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Default I bought a $15,000 home with problems.


wrote in message


I just bought a home for $15,000. It had been listed for $79,900 but
the price was lowered when they discovered several major faults.
There is an electrical short which is sparking in the house. There is
also a gas leak and the house has the strong odor of gas. I just paid
cash for it and the closing was yesterday. I'm a little short on cash
after that, and I want to get some homeowners insurance before I begin
repairs, in case someone gets hurt. So it may be a few weeks before I
get started on the repairs. When I do, which problem should I fix
first?


Norman, if you are serious and not just a troll, then turn off the gas line
to the house at the street and turn off the electrical too while at it.

You can not get insurance on the place until you fix the electrical and gas
problems. Depending on where you live, these both probably have to be
professionally hired folks.


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Default I bought a $15,000 home with problems.

In article ,
"Dave Bugg" wrote:

clifto wrote:
JoeSpareBedroom wrote:
wrote in message
news I just bought a home for $15,000.

No, you didn't.


Sure, he did. He doesn't even mind that the sides of the house have
Kelvinator in big letters.


Hmmmm, then he paid way too much. :-)


A fool and his money are soon parted

Free men own guns - www(dot)geocities(dot)com/CapitolHill/5357/
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Default I bought a $15,000 home with problems.

You will have great troubles getting homeowners insurance on a vacant
house, are you planning to live in it during rehabbing?

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