I put an offer in on my first house, what should I know or be on the look out for

[PatsFan1283]

x delete

 

[CHOPTALK]

Love those floors

 

[kidman232]

ask about a flood plane (meaning where does the water flow
asbestos
deck inspection
drive way repair for cracks as well as side walk work (village)
interior looks great from that 1 shot
if there is basement...check every single spot..don't be lazy

BOL

basement...... the driveway could use some cosmetic repairs, but I think its due to tree roots

 

[CHOPTALK]

Very nice that's over 200k easy where I live

 

[C.P.]

looks GREAT...check and ask about both pumps...

ie....how old are they up to code...

here IL..you can sell a house and not have a injector pump installed..HUGE difference..

looking @ your basement (to be)...I would invest in a Aquanot Gel battery & Pump...

Great Peace of mind, Trust me

I spent a ton of $$ in my finished basement...IT'S WORTH EVERY PENNY...

AGAIN, don't be cheap and/or lazy...this will be YOUR PLACE...

 

[NES]

A house like that would probably be 250k in Costa Rica

 

[PatsFan1283]

450-550k in a good suburb here

 

[kidman232]

Midwest is cheap, in a good school zone to, from elementary to high school, doesn't get lower than an 8/10 on Zillow house site

 

[Enfuego]

Its only been 24 hours since formal offer was submitted. Of the 7 houses we viewed, this is the only one id act on. So if it doesn't work out, well be starting back up again

I only give 24 hours to respond.

 

[tanner12oz]

Inspector is a waste of money but usually required. They collect your $300 or whatever cuz your forced to hire them but they can give 2 shits about finding issues.

 

[kidman232]

heres an update

house started at 150k, dropped to 140 over 1 month


I offered 136k, him to pay 3% at closing, home warranty, and I wanted fridge, stove, and washer/dryer

he countered 140k, 3500 towards closing, home warranty and no fridge

my counter (accepted) 138500, 3% closing, all appliances, and home warranty

 

[daboyzinblue]

Congrats Kidman! A house like that here in the 808 would run 700+ easy:shocked:

 

[Enfuego]

Look at Kidman. Droppin' weight all over, getting laid on a regular basis now and buying his first house now. You are the toast of the town.

 

[DNoonan]

nice work Kidman! i am on the other side of one of these deals right now....so far:

Offer = 94%
Counter = 96% + take chimney as is** (dropped listing price to counter #)
Offer 2= 95% + chimney as is
Counter = 95.6% + chimney as is

Hoping to close this one soon.

the Agent we have told us to drop the price to our counter offer the day after we countered. Said it will get more attention on Redfin, possibly drive traffic with the hope of starting bidding war and/or putting pressure on the other party....ruthless!

 

[powerz]

COngrats KIDMAN - That is nice looking house - You could make that a great home.

-

 

[kidman232]

thanks guys. scheduled my inspection for next tuesday

 

[kidman232]

just going through some of the tedious stuff today:

got updated sellers disclosure including all the items I wanted to remain with the house

picked out home warranty

contacted 2 companies about house insurance(my current auto company and then AAA). AAA was by far much cheaper on the house insurance while also slightly lowering my car insurance payment. Big difference comes with my gfs insurance, it cuts her payments by more than half, a big money saver to make the switch

started using some of my company reward points to order some house hold items: keurig coffee maker and food processor have been ordered so far

 

[loomis41973]

Make sure you are there for the home inspection.

 

[kidman232]

already scheduled it for one of my off days mid afternoon. I will be there for sure

 

[loomis41973]

already scheduled it for one of my off days mid afternoon. I will be there for sure

Ask lots of questions and lead them if ANYTHING is questionable.

Good luck.