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  1. #51
    Mr. John Wayne CosmicCowboy's Avatar
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    Fair enough. Can't really make a judgement without seeing the comps but it sounds like you did your research. Plus, you saved time on negotiations, which has value in its own right.

    Though generally, even in the improving market, opening at anything north of 80% is unwise. , for an investment property, I'd wait around until you can snag something at 60-70%.
    Actually, I think I'm OK...These people had a horrible realtor...we ended up having to go to the broker because the listing realtor wouldn't even return phone calls...and based on other sales in the area I think the realtor didn't do her homework and under priced it...I'm expecting appraisal to be at least 25K more than the offer.

  2. #52
    Scrumtrulescent
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    But, think of all the LTD's you could by with that mortgage money!


    We could by one of those POS' a month.

  3. #53
    Veteran Th'Pusher's Avatar
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    It's 37 years old

  4. #54
    Veteran Th'Pusher's Avatar
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    It's 37 years old

  5. #55
    Mr. John Wayne CosmicCowboy's Avatar
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    It's 37 years old
    Is it cracked?

  6. #56
    Veteran Th'Pusher's Avatar
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    No I'm not going to replace it till it's dead just making a joke really. It's likely on it's last leg though.

  7. #57
    Mr. John Wayne CosmicCowboy's Avatar
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    Reason I'm asking is if it's not cracked you shouldn't need to replace the tank. Just get it pumped out. You might need to replace the laterals but the tank should be fine.

  8. #58
    Veteran Th'Pusher's Avatar
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    Reason I'm asking is if it's not cracked you shouldn't need to replace the tank. Just get it pumped out. You might need to replace the laterals but the tank should be fine.
    Good to know. I know nothing about septic systems. We bought the house in 2010, had it pumped for the inspection, but the realtor said they had a 30 to 50 year life span so I felt I was living on borrowed time as the house was built in '75.

  9. #59
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    Well it's no fun now, but the Mrs and I are banking on it being really fun to be mortgage free in our mid-40s.
    I wish I had more friends and family that think like you.

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