Anyone have advice for a house listed waaay below market? Issues with the house?

like
Posting as :
works at
You are currently posting as works at

Get a professional inspection. You should be doing this for any house you're under contract on anyway.

like

Yes, will definitely be getting an inspection and any offer would be conditional.

What’s the age of the house? (Asbestos?)

Check the AC/Heater. Test that they function as expected. Look at the plumbing. Let the sinks run for a few minutes while you are there.

Exposed wood? Poke it with a screw driver. Check for termites. (YouTube how to if you don’t know)

Does is smell like cigarettes or smoke? Electrical fire, prior smokers, ect

Buy an outlet tester.

Look at the breaker box, see if it looks OKAY

I can keep going…

like

Thank you!!!

Are you trying to buy a house way below market? I'd be cautious as there could be severe issues with the home and someone is trying to sell "as is"

My province just began open bidding, so I'm curious if there is actually something wrong with the house or if they are just attempting to have a bidding war. Similar size house 2 streets over just sold for $700k for context, and this one is listed at $500k.

Get an inspection of it. If you suspect that the house is below market price then it is for a reason. They know something is wrong with the house even if they don't list it.

Sounds suspect. What's the history on the house? Make sure you hire a reputable inspector who can go in and make sure there is nothing major going on with the house. Are you working with a realtor? I'd be curious as to what your realtor has to say. Good luck.

Related Posts

Can someone please explain the process of selling a home when you have an Islamic loan? Since it’s profit sharing i don’t fully own the home right? So if i sell it i can’t take full profits since i don’t own it outright. I’m considering Islamic financing but have so many questions about it. Can you take an equity line? Can you write off mortgage interest?

like

Hey fishes, can someone tell me how the 80c bracket works, i know i can get exempt upto 1.5lakh under it, what i wanna know is does PF comes under it or not? For example if my yearly pf deduction is 20k and VPF is 10k so now will i still be able to show investment of 1.5lakh under 80c apart from PF and VPF or i'll be able to get exemption on only 1.2 lakh( 1.5lakh-30k= 1.2lakh)?

Thank you in advance!!

like

As a transactional lawyer, is it safe to use a robo investment service like Betterment or can that raise securities issues?

like

International stocks are doing terribly. How do you stick to your plan and continue to buy you allocation of international stocks when it's tempting to go off plan and buy a bit more US?

like

Anything you wish you did 1-2 years before going to b school to help pay for the cost? (E.g., 529)

like

Anyone build a house in NVA? We're planning to move to a bigger house in a couple of years and building is an option if it's not too expensive. Anyone got any builders or $/sq ft info? Thanks!

like

Making a lot of money relative to the average but feeling poor? Median after-tax income was ~$55,000 in 1981 and was ~$73,000 in 2020. Using a Bank of Canada inflation calculator $55,000 in 1981 is equivalent to ~$165,000 today, which would put someone in the top 10% of earners today. But in 1981 the median family had that extra money. Who can I blame?

Post Photo
like

Really regret not selling United Wholesale Mortgages. Very confused on what to do with this one. Unless it gets PT it’s gonna be stuck around the 10 range. Think I may be eat the loss on first say a dividend is available

like

Opinion on the Milton (Cambridge high) vs Suwannee (Peachtree ridge high) to buy a house? Have a 3 yr old.

like

Since the fed rate is now zero.. What does thst mean for mortgage rates and savings rates? They gonna plummet to nearly 0%?

like

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

like

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

like

Accidentally overpaid into my 401k (forgot to account for employer match). How can I correct this without getting double taxed?

like

Have you received the salary today? Got the mail now but no credit yet in account 😕

like

Bank recommendations for a consultant who has recently moved to the US? Looking for best online service/credit card points program, based out of Northeast (NY, PA, MA)

like

Anyone have a realtor they can recommend that would kick back a portion of their commission on a > $1.5M purchase. Please DM. Thanks!

like

Hi fishes

My package is 25.5 LPA fixed. Can someone suggest which tax regime would be better for me. As of now I do not have a home loan to claim tax benefit.
Also what could be the in hand salary in my case.
PF deduction : 153000

like

What’s the smartest allocation (for a late twenties person) of 100K right now, between ETFs, stocks, crypto and bonds? I am mostly in cash right now and feel I’m missing out on investment ops, but also wary of putting money in the wrong place. Any advice would be greatly appreciated!

like

24y/o, salary of 65k, contributing 7% to both Roth and Traditional 401k (about 350 each month) any recommendations on whether should keep contribution or alter it? Thanks

like

Who / what do you list as your contingent beneficiary when your spouse is your primary, you don’t have children, and you don’t have anyone in your family you trust with your finances if something were to happen?

like

More Posts

Any referrals in Uber ?

Ping me. I will share the job id.

like

Hi. I have just joined PwC India as a Sr. Analyst, from Campus. How many months/years of experience do I need before I can become an Associate?
Now I understand, it pretty much depends on my project and manager(s). Still, any good practices or suggestions to expedite the process?
Thanks a lot.

like

Abortion banned in Georgia after 6 weeks. Y’all better wrap it up.

likefunny

I have just got an options trader job at a prop trading firm. But I knew nothing about options/trading/finance. The firms said they’ll be officially training us once we start. But in the meantime, what are some books/resources that you would recommend to start learning first?

like

Anyone here doing Pharma marketing or any sort of data analyst work? If so, please let me treat you to coffee in exchange to pick your brain!

I’m curious about your career path, day in the life, do you enjoy it? Would love to connect!

like

I have a meeting tomorrow to sit down and network with an MD mentor. Anyone have any good conversation topics/ questions? Trying not to appear green and naive...

like

Hi guys,
I have cleared all the rounds for LTI post which I received autogenerated mail and then later HR asked to upload documents. In how many days can I expect offer letter?

like

Hi Fishes,

I am thinking to diverting my career towards freelancing in accounting.
For that I have to resign from my current job in Pwc. I am thinking of starting a job as accountant and work as a freelancer as part-time.

Any thoughts or advice?

Is anyone familiar with post IB exit into something like IR? Still new to the game and other than PE (due to the herd mentality), I don’t know much about other exits for better work/life balance. If anyone has insight on type of work, recruiting process, and comp it would be super appreciated. TIA

like

MBA1s: Tell the recruiting market is bad without telling the recruiting market is bad.

Now go!

like

Just got laid off! Any lead Recruiter or Recruiting management opportunities looking for a recruiter with 10+ yrs of agency and in house tech recruiting?

like

Hi Folks,

I've got a job offer from a small IT company. But before releasing the offer letter, they want me to accept a terms and conditions form which has this 10th point as shown in picture. It states failing to join them will result in paying 2 months of salary that's around 130000 rs.

Is it for real? If I get a better offer somewhere else ane don't join them, will I really have to pay this to them? Please help friends. What should I do?

Post Photo

Blockchain - is anyone actually working on a real Blockchain project or is it just concept selling at this time?

like

Do you think remote interviewing will continue after the pandemic? It’s made interviewing so much more convenient.

like

I understand this might sound a little snobby but I'm not trying for it to come off that way. I've been around impressive people throughout my adult life. T-14 and big law have placed me in the company of some really accomplished individuals. It likely skewed the bar in terms of what I find as impressive.

My girlfriend's sister works at a Fortune 500 company and views herself as very accomplished. She's not a good person. I also don't find her impressive so I don't particularly try

likefunny
likesmart

How much do you verbalize salary requirements during screening call? If the range provided by the recruiter is lower than ideal, do you still continue conversation? Decided to take time to think about

like

I want to exit to MBB but if that’s not a possibility what are the next best consulting firms? Looking for at least midsize firms (non-boutiques).

like

Is the stretch on this SeaDweller reasonable? It’s from 2003/2004. Thinking of pulling the trigger.

Post Photo
like

Additional Posts in Student Loans

Does having student loans impact your ability to get a mortgage?

like

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

Damn LIBOR rate up again...

SOFI or who else?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal