all cash risk?

[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.

[NotCranky]

I like the idea too, scaredy.I like it even if you could never get financing later. You have two things in your favor,offering on stuff that most other people don’t want and paying cash. You sound like you are ready for a challenge… buy a terrible fixer. Put your family to work on an on the job training sweat equity project.
The risk is going to get covered by the good deal,free labor, release from rent or mortgage forever and a potential cash flow asset. All this opens up a line of options perhaps not previously considered, and wonderful life experience for all . No doubt about it.

[NotCranky]

I like the idea too, scaredy.I like it even if you could never get financing later. You have two things in your favor,offering on stuff that most other people don’t want and paying cash. You sound like you are ready for a challenge… buy a terrible fixer. Put your family to work on an on the job training sweat equity project.
The risk is going to get covered by the good deal,free labor, release from rent or mortgage forever and a potential cash flow asset. All this opens up a line of options perhaps not previously considered, and wonderful life experience for all . No doubt about it.

[NotCranky]

I like the idea too, scaredy.I like it even if you could never get financing later. You have two things in your favor,offering on stuff that most other people don’t want and paying cash. You sound like you are ready for a challenge… buy a terrible fixer. Put your family to work on an on the job training sweat equity project.
The risk is going to get covered by the good deal,free labor, release from rent or mortgage forever and a potential cash flow asset. All this opens up a line of options perhaps not previously considered, and wonderful life experience for all . No doubt about it.

[NotCranky]

I like the idea too, scaredy.I like it even if you could never get financing later. You have two things in your favor,offering on stuff that most other people don’t want and paying cash. You sound like you are ready for a challenge… buy a terrible fixer. Put your family to work on an on the job training sweat equity project.
The risk is going to get covered by the good deal,free labor, release from rent or mortgage forever and a potential cash flow asset. All this opens up a line of options perhaps not previously considered, and wonderful life experience for all . No doubt about it.

[NotCranky]

I like the idea too, scaredy.I like it even if you could never get financing later. You have two things in your favor,offering on stuff that most other people don’t want and paying cash. You sound like you are ready for a challenge… buy a terrible fixer. Put your family to work on an on the job training sweat equity project.
The risk is going to get covered by the good deal,free labor, release from rent or mortgage forever and a potential cash flow asset. All this opens up a line of options perhaps not previously considered, and wonderful life experience for all . No doubt about it.

[scaredyclassic]

grrr. we were putting our offer together, things only been on the market 3 days, it went contingent. they should wait a little bit, shouldnt they?

[scaredyclassic]

grrr. we were putting our offer together, things only been on the market 3 days, it went contingent. they should wait a little bit, shouldnt they?

[scaredyclassic]

grrr. we were putting our offer together, things only been on the market 3 days, it went contingent. they should wait a little bit, shouldnt they?

[scaredyclassic]

grrr. we were putting our offer together, things only been on the market 3 days, it went contingent. they should wait a little bit, shouldnt they?

[scaredyclassic]

grrr. we were putting our offer together, things only been on the market 3 days, it went contingent. they should wait a little bit, shouldnt they?

[Nor-LA-SD-guy]

If it’s a good deal in TV you have about 3 minutes to get your offer in then you have to keep on the agents back to submit immediately so no one gets the chance to out bid you.

JJ but not really.

You can tell the deal may not be that good if you call an hour after it was listed and there are no offers on it yet.

[Nor-LA-SD-guy]

If it’s a good deal in TV you have about 3 minutes to get your offer in then you have to keep on the agents back to submit immediately so no one gets the chance to out bid you.

JJ but not really.

You can tell the deal may not be that good if you call an hour after it was listed and there are no offers on it yet.

[Nor-LA-SD-guy]

If it’s a good deal in TV you have about 3 minutes to get your offer in then you have to keep on the agents back to submit immediately so no one gets the chance to out bid you.

JJ but not really.

You can tell the deal may not be that good if you call an hour after it was listed and there are no offers on it yet.

[Nor-LA-SD-guy]

If it’s a good deal in TV you have about 3 minutes to get your offer in then you have to keep on the agents back to submit immediately so no one gets the chance to out bid you.

JJ but not really.

You can tell the deal may not be that good if you call an hour after it was listed and there are no offers on it yet.

[Author]

Posts