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Another question and comment


Posted by tomh Moderator on January 17th, 2005 04:32 PM
In reply to One question....... by doug seibert on January 17th, 2005 03:06 PM [Go to top of thread]

Moderator Post (s) for this thread:
> One question....... by doug seibert on 01/17/2005
> Tom's Talking by LonnythePlumber on 01/18/2005
> House Sewer by LonnythePlumber on 01/18/2005

This property sounds like a great deal if the price is approximately equal to the value of the land. If things are as bad as you indicate, I would be inclined to raze the house and rebuild. You would get a valuable home of modern, high quality construction, and would minimize your exposure to building permits. Sometimes a property is worth much more than the structure sitting on it, and that may be the case here. Happens where I live in California all the time. It may be less expensive to build new, than renovate.

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