Thread: This house?
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Unread 09-11-2019, 05:25 AM
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waybread waybread is offline
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Re: This house?

My principle concern would be that combust planets are weakened. A planet in its own sign (here Mercury) would fare better, but the significator of the house (Venus) and the 8th as the house of your partner's money are real considerations. Even if we use the 4th from the 4th house as the ruler of this home, the 7th house ruled by the moon in the 12th and in its detriment doesn't look like a piece of wonderfulness.

With Neptune in the 2nd house (squared by optimistic Jupiter) your money may be an issue, as well.

Possibly this isn't the only handyman special on the market that would meet your needs.

I think I've bought and/or sold 10 houses in my life. Some were real dumpsters: none was new. With 3 of them, we were lucky to have a neighbour who was a contractor who specialized in restoring old houses. He walked through these places with us and saw all kinds of things, both good and bad, that I would miss.

With one house, I vividly remember that we didn't make the sale conditional on a contractor's report. A few months after we moved in, the chimney fell down during a thunderstorm. The bricks continued to fall in the driveway subsequently and could have killed someone.

Sellers' disclosure, yes. But they may be unaware of everything wrong with the house. Stuff like faulty wiring, because it is hidden behind the walls.

Hopefully your experienced friends know how to look for dry rot, carpenter ants, termites, evidence of water damage, the age of a furnace and water heater, evidence of a former grow-op, the condition of the roof, and so on. Even better, one of your friends might be a licensed contractor.

You don't mention if you are working through a real estate agent. They generally have contractors to recommend. Then a minor expense, if you are not (and it may be required in your jurisdiction) is having a lawyer review the legal transaction. At some point the sale involves a title search and determining if there are any liens on the property.

When a sale is contingent on a contractor's or home inspector's report, and s/he finds something fairly major, generally you have three options: ask the home owner to fix it prior to the sale proceeding, make a new offer at a lower price, or walk away-- with a return of your earnest money.

Then if you are getting a mortgage on an older home, the mortgage lender may want to send out its own appraiser, because they don't want to lend money on a home they expect to depreciate.

I hope I'm not sounding too grumpy about what may be a real steal of a deal-- just that I don't think this chart is giving you much encouragement.

Good luck Passiflora-- I sure hope you and your partner find the home you love.
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