all cash risk?

[Nor-LA-SD-guy]

I have seen the City condemn places after an investor type buy’s it, they seem to wait until after a sucker closes then they come in and condemn the place and say you either have to tear it down or rebuild a good part of the place, but these are usually very old homes in very bad shape or just very old homes that are not up to code so buyer beware.

It would be nice if they would do this before but they must figure that first you would have to have all cash to buy the place so you would have the resource to fix it, otherwise they get stuck with it.

[scaredyclassic]

wouldnt an inspection reveal if it were condemnable

[scaredyclassic]

wouldnt an inspection reveal if it were condemnable

[scaredyclassic]

wouldnt an inspection reveal if it were condemnable

[scaredyclassic]

wouldnt an inspection reveal if it were condemnable

[scaredyclassic]

wouldnt an inspection reveal if it were condemnable

[Nor-LA-SD-guy]

[quote=scaredycat]wouldnt an inspection reveal if it were condemnable[/quote]

If they were competent, also your realtor should be able to give you some info.

I think the condemn case is very rare, I think it would have to be vacant a number of months before, also I think they give a lot more leeway if the owner/fixer is going to be living there (in RC anyway).

Usually I have see this in the older (were talking 60-70 years or more) neighborhoods close to the city centers. (they just don’t want eye sores in the city).

[Nor-LA-SD-guy]

[quote=scaredycat]wouldnt an inspection reveal if it were condemnable[/quote]

If they were competent, also your realtor should be able to give you some info.

I think the condemn case is very rare, I think it would have to be vacant a number of months before, also I think they give a lot more leeway if the owner/fixer is going to be living there (in RC anyway).

Usually I have see this in the older (were talking 60-70 years or more) neighborhoods close to the city centers. (they just don’t want eye sores in the city).

[Nor-LA-SD-guy]

[quote=scaredycat]wouldnt an inspection reveal if it were condemnable[/quote]

If they were competent, also your realtor should be able to give you some info.

I think the condemn case is very rare, I think it would have to be vacant a number of months before, also I think they give a lot more leeway if the owner/fixer is going to be living there (in RC anyway).

Usually I have see this in the older (were talking 60-70 years or more) neighborhoods close to the city centers. (they just don’t want eye sores in the city).

[Nor-LA-SD-guy]

[quote=scaredycat]wouldnt an inspection reveal if it were condemnable[/quote]

If they were competent, also your realtor should be able to give you some info.

I think the condemn case is very rare, I think it would have to be vacant a number of months before, also I think they give a lot more leeway if the owner/fixer is going to be living there (in RC anyway).

Usually I have see this in the older (were talking 60-70 years or more) neighborhoods close to the city centers. (they just don’t want eye sores in the city).

[Nor-LA-SD-guy]

[quote=scaredycat]wouldnt an inspection reveal if it were condemnable[/quote]

If they were competent, also your realtor should be able to give you some info.

I think the condemn case is very rare, I think it would have to be vacant a number of months before, also I think they give a lot more leeway if the owner/fixer is going to be living there (in RC anyway).

Usually I have see this in the older (were talking 60-70 years or more) neighborhoods close to the city centers. (they just don’t want eye sores in the city).

[UCGal]

A couple of points.

If it’s in the city of San Diego you can go look up whether there are any open inspection/citations on it. If it’s already been looked at towards condemnation – there will be a record of it and you can get that info. The City Engineers office is down on Aero in Kearny Mesa.

(We found out the furnace we had purchased/installed by Sears was never inspected when we went to find out something with the companion unit… The sears installer never called for the inspection, gave us the info to call ourselves, etc… and it flunked inspection because of a door clearance thing… they had to come fix it. Good thing we randomly found out.)

2nd point – all this earthquake, sky divers, etc … That’s what insurance is for. Just because you pay cash doesn’t mean you can’t purchase an insurance policy with an earthquake rider from the state. If you’re worried about this – buy insurance.

I like the plan you have, scaredy! But I’d do some work ahead of time to make sure the city doesn’t have outstanding citations.

[UCGal]

A couple of points.

If it’s in the city of San Diego you can go look up whether there are any open inspection/citations on it. If it’s already been looked at towards condemnation – there will be a record of it and you can get that info. The City Engineers office is down on Aero in Kearny Mesa.

(We found out the furnace we had purchased/installed by Sears was never inspected when we went to find out something with the companion unit… The sears installer never called for the inspection, gave us the info to call ourselves, etc… and it flunked inspection because of a door clearance thing… they had to come fix it. Good thing we randomly found out.)

2nd point – all this earthquake, sky divers, etc … That’s what insurance is for. Just because you pay cash doesn’t mean you can’t purchase an insurance policy with an earthquake rider from the state. If you’re worried about this – buy insurance.

I like the plan you have, scaredy! But I’d do some work ahead of time to make sure the city doesn’t have outstanding citations.

[UCGal]

A couple of points.

If it’s in the city of San Diego you can go look up whether there are any open inspection/citations on it. If it’s already been looked at towards condemnation – there will be a record of it and you can get that info. The City Engineers office is down on Aero in Kearny Mesa.

(We found out the furnace we had purchased/installed by Sears was never inspected when we went to find out something with the companion unit… The sears installer never called for the inspection, gave us the info to call ourselves, etc… and it flunked inspection because of a door clearance thing… they had to come fix it. Good thing we randomly found out.)

2nd point – all this earthquake, sky divers, etc … That’s what insurance is for. Just because you pay cash doesn’t mean you can’t purchase an insurance policy with an earthquake rider from the state. If you’re worried about this – buy insurance.

I like the plan you have, scaredy! But I’d do some work ahead of time to make sure the city doesn’t have outstanding citations.

[UCGal]

A couple of points.

If it’s in the city of San Diego you can go look up whether there are any open inspection/citations on it. If it’s already been looked at towards condemnation – there will be a record of it and you can get that info. The City Engineers office is down on Aero in Kearny Mesa.

(We found out the furnace we had purchased/installed by Sears was never inspected when we went to find out something with the companion unit… The sears installer never called for the inspection, gave us the info to call ourselves, etc… and it flunked inspection because of a door clearance thing… they had to come fix it. Good thing we randomly found out.)

2nd point – all this earthquake, sky divers, etc … That’s what insurance is for. Just because you pay cash doesn’t mean you can’t purchase an insurance policy with an earthquake rider from the state. If you’re worried about this – buy insurance.

I like the plan you have, scaredy! But I’d do some work ahead of time to make sure the city doesn’t have outstanding citations.

[Author]

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