Was bidding on a nice townhouse in north arlington but got outbid like always
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can anyone tell what the owner of this house was building?
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If filling in the pool, it would require holes jack hammered into the bottom and the walls knocked down to, on average, two feet below grade. The concrete and rebar will be allowed to be pushed into the pool, the rest would have to be clean fill dirt. Also the electric would have to be removed.
Just got through doing one in Sachse and these were their code requirements.
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If they dont sell eventually, the price is reduced . Then there are programs they apply or make the property eligable for. The one we bought last year was $100 down, tjoigh we did have to put up 1% earnest money but got all back minus the $100 at closing.Originally posted by 03mustangdude View Post100 down ?
Might be a good deal to some at $130k. Looks like some work. Is at least try to make the pool go before I filled it in. Ours was black and appeared to have been empty for a while. Worked good once I got her going.Rich
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I learned my lesson on putting large sums down a few purchases back and will never do that again. A house note is the cheapest money you can borrow. The interest is tax deductible if you are in my bracket. Having liquid assets is way more important to me than a low payment. Your situation may vary.Originally posted by 03mustangdude View PostPlanning on putting 50% down no matter what want my payments real lowRich
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mushroom greenhouseDon't worry about what you can't change.
Do the best you can with what you have.
Be honest, even if it hurts.
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy; Its inherent virtue is the equal sharing of misery" ... Winston Churchill
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Yessir. Right now the difference between borrowing $150k and $100K is less than $230 a month on a 30-year note. I'd rather have the $50k cash (for a lot of reasons) and take the write off.Originally posted by TexasT View PostI learned my lesson on putting large sums down a few purchases back and will never do that again. A house note is the cheapest money you can borrow. The interest is tax deductible if you are in my bracket. Having liquid assets is way more important to me than a low payment. Your situation may vary.
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Quick update just checked it out wish it didnt have pool.
Needs new flooring thru entire house.
Needs new garage door.
Needs a full kitchen update definatly sink looks nasty.
Pool someome broke the wall between hot tub and pool should be fixed but lots of standing water and no cracks that I could see.
Pool equipment from late 90s but all wires were cut and 1 of the pipes was broken.
I think imma pass on this house
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If the mortgage company is listed on the tax rolls as the "owner" (and there are 10 previous owner's), there's a reason. Sounds like you found it.Originally posted by 03mustangdude View PostQuick update just checked it out wish it didnt have pool.
Needs new flooring thru entire house.
Needs new garage door.
Needs a full kitchen update definatly sink looks nasty.
Pool someome broke the wall between hot tub and pool should be fixed but lots of standing water and no cracks that I could see.
Pool equipment from late 90s but all wires were cut and 1 of the pipes was broken.
I think imma pass on this house
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yep unfortunately it is a great location with nice neighbors they even introduced themselves while I was looking at the house.Originally posted by Vertnut View PostIf the mortgage company is listed on the tax rolls as the "owner" (and there are 10 previous owner's), there's a reason. Sounds like you found it.
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